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Fayetteville, NC Business Licensing & Operations: Pawnbrokers (2026)

Significant Restrictions
Compiled from the official code textEditor Martyn O'NeillLast verified September 2026

Key Facts

Felony bar
Convictions within 10 years disqualify
Review agencies
Police, Inspections, Fire (30 days)
Record upload deadline
Within 1 business day
E-record penalty
Class 3 misdemeanor, daily offense
Revocation authority
Chief of Police
Appeal path
City Manager, then City Council
State law basis
N.C.G.S. § 66-397, § 66-386 et seq.

Summary

Every pawnbroker or currency converter in Fayetteville must hold a city license under Sec. 15-123, and anyone convicted of a felony in the past ten years is disqualified. The finance director approves applications after police, zoning and fire review, and pawnbrokers must upload numbered transaction records to police within one business day or face a Class 3 misdemeanor.

No person, firm, or corporation shall establish or operate a pawnbroker or currency converter business without first having applied for and been granted the license provided by this section. ... The applicant shall not have been convicted of a felony within the ten-year period preceding the filing of the application. ... The failure on the part of any owner or operator of a pawnshop or pawnbroker to comply with the provisions of this section shall be deemed a Class 3 misdemeanor and will result in the revocation of the owner or operator or pawnbroker's license. Each day of noncompliance with this section shall be deemed a separate and distinct offense.

Full Breakdown

Sec. 15-123 requires every application to state the owners' names and addresses, the business location, a statement of net assets or capital verified by an accountant, a felony-free affidavit, and a police, sheriff or SBI certificate confirming no felony conviction. The collection division routes the application to police for investigation, to inspections for zoning compliance and to fire for code compliance, each reporting back within 30 days. The finance director approves an application only if it contains no misstatement, the applicant meets zoning, building and fire codes, and the applicant has no felony conviction within the preceding ten years; a denial is appealable to the city manager under Sec.

15-125. Sec. 15-124 issues the license annually on payment of the fee set under the Sec. 15-62 schedule. Sec. S. , after certified-mail notice and a hearing before the city manager within ten working days, with further appeal to city council. Sec. 15-126 requires numbered pawn tickets recording the pledgor's name, address, phone, birth date, ID, item description, amount advanced, due date and finance charges, plus printed statutory warnings that unredeemed pledges are sold after 60 days past maturity; records must be open to police inspection during business hours. Sec. 15-127 requires an electronic inventory tracking system uploaded to the police-designated entity within one business day of each transaction.

Violations & Fines

Sec. 15-127 makes failure to maintain or upload the required electronic inventory records a Class 3 misdemeanor and grounds for revoking the pawnbroker's or currency converter's license, with each day of noncompliance a separate offense. Sec. 15-125 separately allows revocation for substantial abuses of the article after a certified-mail notice and hearing.

Frequently Asked Questions

Can someone with a felony record get a pawnbroker license in Fayetteville?
Not if convicted within the preceding ten years. Sec. 15-123 requires an affidavit of no felony conviction plus a certificate from the police, county sheriff or the State Bureau of Investigation, and the finance director cannot approve an application from someone convicted within that ten-year window.
How fast must a pawnbroker report transactions?
Sec. 15-127 requires uploading transaction information to the police-designated electronic system within one business day of receiving the pawned or purchased goods. Failing to maintain or upload the system is a Class 3 misdemeanor and grounds for license revocation.
What must a pawn ticket disclose?
Sec. 15-126 requires the pledgor's name, address, phone number, birth date, identification, item description, amount advanced, due date and monthly charges, plus printed statutory warnings that the item is subject to sale after 60 days past the maturity date with no further notice required.
How is a pawnbroker license revoked?
The chief of police can revoke a license for substantial abuses of the article or the state pawnbroker statutes, but only after certified-mail notice and a hearing before the city manager within ten working days; the licensee keeps operating during that appeal, though not during a further appeal to city council.

Sources & Official References

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