Minnesota § 325J.03 LICENSEE ELIGIBILITY

Minnesota Statutes

§ 325J.03 — LICENSEE ELIGIBILITY

Minnesota § 325J.03

PartTRADE REGULATIONS, CONSUMER PROTECTION

Ch. 325JPAWNBROKERS

This text of Minnesota § 325J.03 (LICENSEE ELIGIBILITY) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 325J.03 (2026).

Text

(a)To be eligible for or to maintain a pawnbroker license, a person must operate lawfully and fairly within the purposes of this chapter and the applicable local ordinance and:

(1)may not be a minor at the time that the application for a pawnbroker's license is filed;

(2)may not have been convicted of any crime directly related to the occupation licensed as prescribed by section364.03, subdivision 2, unless the person has shown competent evidence of sufficient rehabilitation and present fitness to perform the duties of a licensee under this chapter as prescribed by section364.03, subdivision 3; and

(3)must be of good moral character or repute.

(b)Any change, directly or beneficially, in the ownership of any licensed pawnshop shall require the application for a new license and the new

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(a) To be eligible for or to maintain a pawnbroker license, a person must operate lawfully and fairly within the purposes of this chapter and the applicable local ordinance and:
(1) may not be a minor at the time that the application for a pawnbroker's license is filed;
(2) may not have been convicted of any crime directly related to the occupation licensed as prescribed by section364.03, subdivision 2, unless the person has shown competent evidence of sufficient rehabilitation and present fitness to perform the duties of a licensee under this chapter as prescribed by section364.03, subdivision 3; and
(3) must be of good moral character or repute.
(b) Any change, directly or beneficially, in the ownership of any licensed pawnshop shall require the application for a new license and the new owner must satisfy all current eligibility requirements.