Taylor, MI Business Licensing & Operations: Pawnbrokers (2026)
Key Facts
- License issued by
- Mayor, through the city clerk
- Required approvals
- Police chief and fire chief sign-off
- Bond amount
- $3,000.00 with at least two sureties
- License term
- One year unless revoked for cause
- Internet exemption
- Drop-off stores meeting strict conditions
- Minors
- No pledges accepted from anyone under 18
Summary
The City of Taylor, Michigan requires anyone doing business as a pawnbroker to get a license from the mayor before opening. Sec. 40-49 exempts qualifying internet drop-off stores from the license if they meet strict record-keeping, website and police-access conditions, and Sec. 40-51 sets a $3,000.00 bond alongside the annual license fee.
(a)A person, corporation or firm shall not conduct business as a pawnbroker in this city without having first obtained from the mayor a license under this division that authorizes that person, corporation, or firm to conduct that business. This subsection does not require an internet drop-off store complying with subsection (c) of this section, or a person engaged in the sale, purchase, consignment, or trade of personal property or other valuable thing personally, to obtain a license under this division. ... (b)Licensure under either or both of the following acts does not exempt a person from obtaining a license under this division:(1)The precious metal and gem dealer act, Public Act No. 95 of 1981 (MCL 445.481 et seq.), and chapter 38 of this Code.
Full Breakdown
Taylor City Code § 40-49(a) bars any person, corporation or firm from conducting business as a pawnbroker in the city without a license issued by the mayor, though the subsection exempts an internet drop-off store that meets subsection (c)'s conditions, and it also exempts a person who personally sells, buys, consigns or trades personal property. Subsection (b) makes clear that holding a license under Michigan's precious metal and gem dealer act (MCL 445.481 et seq.) does not excuse a pawnbroker from also getting the city's license.
Sec. 40-50 requires the police chief and fire chief to approve every license before the city clerk issues it on the mayor's behalf. Sec. 40-51 sets an annual license fee by council resolution and requires a $3,000.00 bond with at least two sureties, covering the faithful performance of the business and payment of costs or damages from any violation. Sec. 40-52 ties the license to one designated business location, and Sec. 40-53 makes the license nontransferable. Sec. 40-54 sets a one-year license term unless revoked earlier for cause.
Earlier sections in the same chapter, Sec. 40-27 and Sec. 40-28, separately bar a pawnbroker from taking pledged items from anyone under 18 or from transacting pawnbroker business on Sundays.
Violations & Fines
Operating as a pawnbroker in Taylor without the mayor's license under Sec. 40-49, accepting a pledge from someone under 18 (Sec. 40-27), or transacting pawnbroker business on a Sunday (Sec. 40-28) are all violations. As undesignated offenses, they fall under the general penalty in Sec. 1-13(b): a fine up to $500.00 plus costs, up to 90 days in jail, or both.
Frequently Asked Questions
Does an online pawn drop-off store need a Taylor pawnbroker license?
Can a pawnbroker take an item from a 17-year-old in Taylor?
How big a bond does a Taylor pawnbroker need?
Sources & Official References
Other rules in Taylor
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Pawnbrokers in Nearby Cities
How other cities in Wayne County handle pawnbrokers.