Little Rock pawnbrokers must register transactions with LRPD daily, hold a city license, and comply with Arkansas pawn statute holding periods to deter stolen-property fencing.
Pawnbrokers in Little Rock operate under Arkansas Code §18-27 and Little Rock Code Chapter 12, requiring city business licensing and daily electronic reporting of pledged items to LRPD via the Leads Online or RAPID system. State law sets maximum interest, minimum hold periods before resale, and detailed customer ID requirements. LRPD detectives review transactions to identify stolen property, and brokers must hold flagged items pending investigation. Recordkeeping audits are routine, and violations carry both state and local penalties.
Failure to report transactions, missing ID verification, or selling held items before legal holding period can result in fines, license revocation, and criminal charges.
See how Little Rock's pawnbrokers rules stack up against other locations.
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