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Lubbock, TX Business Licensing & Operations: Secondhand Dealers (2026)

Some Restrictions
Compiled from the official code textEditor Martyn O'NeillLast verified May 2026

Key Facts

Reporting platform
LeadsOnline
Reporting window
24 hours
Hold period
14-30 days
State licensor
Texas OCCC

Summary

Secondhand dealers and pawnbrokers in Lubbock must report transactions to police using the LeadsOnline electronic system. State law caps interest, and dealers must hold goods for property recovery investigations.

Sec. 1956.022. ISSUANCE OF CERTIFICATE; QUALIFICATIONS. (a) The department shall issue a certificate of registration to an applicant who:(1) applies and pays a registration fee;(2) presents any relevant evidence relating to the applicant's qualifications as required by commission rule;(3) submits a declaration describing the extent to which the applicant intends to engage in transactions involving catalytic converters removed from motor vehicles in the course of the applicant's business activity;(4) presents evidence satisfactory to the department that the applicant intends to act as a metal recycling entity and use a fixed location to wholly or partly conduct an activity described by Section 1956.001(7); and(5) provides the physical addres

Source: Lubbock Police DepartmentView official code

Full Breakdown

Lubbock requires pawnshops, gold buyers, and secondhand jewelry dealers to enter every transaction into LeadsOnline within 24 hours, including seller identification, item descriptions, and serial numbers. Transactions trigger automatic cross-checks against stolen property databases. Dealers must hold tagged inventory for 14 to 30 days before resale to allow theft recovery. The Texas Office of Consumer Credit Commissioner licenses pawnshops and caps storage and finance charges. Lubbock police regularly audit dealer logs and conduct inspections of cataloged inventory.

Violations & Fines

Failing to report transactions or holding stolen property exposes dealers to fines up to $500 per item, license suspension, and potential theft-related charges if items match active investigations.

Frequently Asked Questions

How long must a Lubbock pawnshop hold pledged property?
Texas pawn law sets a minimum 60-day pledge period, while secondhand dealers typically hold tagged inventory 14 to 30 days before resale to support theft investigations.
Do gold buyers need to report sales to Lubbock police?
Yes. Gold buyers and precious metal dealers must enter transactions into LeadsOnline within 24 hours, including seller ID and item details, to support stolen property recovery.

Sources & Official References

Other rules in Lubbock

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All Lubbock rules

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