Okla. Stat. tit. 59, § 59-1515
This is the official text of Okla. Stat. tit. 59, § 59-1515, part of Oklahoma’s Stat. tit. 59, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 59,." Browse the sections below, each linked to its official government source.
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Copy or report of buy transaction or pawn transaction to
Official statutory text
be made available to local law enforcement officials - Items bought
to be held for specified time - Written declaration of ownership
required of seller or pledgor.
A. Any pawnbroker shall make available a copy or report within
two (2) days of any buy or pawn transaction to the local law
enforcement agency of the municipality or other political
subdivision in which the pawnshop is located; provided, merchandise
bought on invoice from a manufacturer or wholesaler with an
established place of business is exempt from this reporting
requirement. However, such invoice shall be shown upon request to
the Administrator or his duly authorized representative or any
authorized peace officer. The pawnbroker may provide the
transaction report to the local law enforcement agency by either
electronically reporting the information in the transaction report
to an electronic database accessible only by law enforcement
agencies or by reporting a physical copy of the transaction report
directly to the law enforcement agency. The transaction report
shall include:
1. The name and address of the pawnshop;
2. The name, address, race, sex, weight, height, date of birth
and either identification number of the seller or pledger as
verified by either a state-issued identification card, driver's
license or federal government-issued identification card or by
readable fingerprint of right or left index finger on the back of
the pawn or buy transaction copy to be retained for the pawnbroker's
record;
3. The transaction number for the buy or pawn transaction;
4. The date and time of the transaction;
5. The manufacturer of the item;
6. A description of the item; and
7. The serial number and model number where available and any
other identifying markings.
B. Items bought, except on invoice from a manufacturer or
wholesaler with an established place of business, shall be held for
ten (10) days before being disposed of or sold.
C. The pawnbroker shall obtain a written declaration of
ownership from the seller or pledgor on all buy and pawn
transactions, except refinance pawn transactions or merchandise
bought from a manufacturer or wholesaler with an established place
of business. The seller or pledgor shall be required to state how
long he has owned the property described in the transaction. The
declaration of ownership shall appear on the bill of sale or pawn
Oklahoma Statutes - Title 59. Professions and Occupations Page 1145
ticket, to be completed by the seller or the pledgor at the time of
the transaction.
to be held for specified time - Written declaration of ownership
required of seller or pledgor.
A. Any pawnbroker shall make available a copy or report within
two (2) days of any buy or pawn transaction to the local law
enforcement agency of the municipality or other political
subdivision in which the pawnshop is located; provided, merchandise
bought on invoice from a manufacturer or wholesaler with an
established place of business is exempt from this reporting
requirement. However, such invoice shall be shown upon request to
the Administrator or his duly authorized representative or any
authorized peace officer. The pawnbroker may provide the
transaction report to the local law enforcement agency by either
electronically reporting the information in the transaction report
to an electronic database accessible only by law enforcement
agencies or by reporting a physical copy of the transaction report
directly to the law enforcement agency. The transaction report
shall include:
1. The name and address of the pawnshop;
2. The name, address, race, sex, weight, height, date of birth
and either identification number of the seller or pledger as
verified by either a state-issued identification card, driver's
license or federal government-issued identification card or by
readable fingerprint of right or left index finger on the back of
the pawn or buy transaction copy to be retained for the pawnbroker's
record;
3. The transaction number for the buy or pawn transaction;
4. The date and time of the transaction;
5. The manufacturer of the item;
6. A description of the item; and
7. The serial number and model number where available and any
other identifying markings.
B. Items bought, except on invoice from a manufacturer or
wholesaler with an established place of business, shall be held for
ten (10) days before being disposed of or sold.
C. The pawnbroker shall obtain a written declaration of
ownership from the seller or pledgor on all buy and pawn
transactions, except refinance pawn transactions or merchandise
bought from a manufacturer or wholesaler with an established place
of business. The seller or pledgor shall be required to state how
long he has owned the property described in the transaction. The
declaration of ownership shall appear on the bill of sale or pawn
Oklahoma Statutes - Title 59. Professions and Occupations Page 1145
ticket, to be completed by the seller or the pledgor at the time of
the transaction.
Status: in_force · Read it on the official government site
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