Wyandotte County, KS Business Licensing & Operations: Pawnbrokers (2026)

Chapter 36, Article II requires anyone engaging in business as a pawnbroker or precious metal dealer to first obtain a license from the license administrator, and the Unified Government restricts the total number of pawnbroker licenses to seven and precious metals dealer licenses to 15 at any time (Sec. 36-47). citizens, Kansas residents for at least two years, at least 21 years old, free of felony convictions within the prior ten years, and must show net assets of at least $130,000 or post a surety bond in that amount (Secs.

36-48, 36-49). Every pawnbroker or precious metal dealer must report, at the close of each business day, a description of all property pledged or purchased to the chief of police through an approved electronic inventory-tracking website, and must display a sign notifying customers that transactions are reported (Sec. 36-24). Pawnbrokers must hold purchased property ten days (extendable to 30 days on a police hold for suspected stolen goods) and hold pawned property under police hold for up to 60 days; precious metal dealers must hold purchased metal ten days, extendable 15 days (Sec.

36-24(c)-(e)). Loan contracts must be in writing, set a one-month loan term, and inform the borrower of a two-month redemption period, after which unredeemed pledges vest in the pawnbroker (Sec. 36-23). Interest and fees on any pawn transaction cannot exceed ten percent per month (120 percent per annum), and no loan may exceed $5,000 (Sec. 36-27).