A bill to amend 1917 PA 273, entitled “An act to regulate and license pawnbrokers that conduct business in this state; to provide for the disposition of allegedly misappropriated property in the possession of pawnbrokers; to provide remedies and prescribe penalties; and to provide for the powers and duties of certain local governmental units and state agencies,” by amending section 5 (MCL 446.205), as amended by 2002 PA 469.
The bill aims to improve the record-keeping practices of pawnbrokers by specifying detailed requirements for transaction records, including the inclusion of the pawner's race, and mandates timely submission of these records to local police agencies.
Introduced
by
Referred to the Committee on Government Operations
