Fayetteville, NC Business Licensing & Operations: Pawnbrokers (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?
How fast must a pawnbroker report transactions?
What must a pawn ticket disclose?
How is a pawnbroker license revoked?
Sources & Official References
Other rules in Fayetteville
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