Article II - Electronic Record-Keeping & Transmittal Requirements for Certain Businesses

The following terms are defined for purposes of this Chapter:

1. Cash Converter - has the same meaning as defined in N.C.G.S Chapter 66.
2. Pawnbroker - has the same meaning as defined in N.C.G.S Chapter 66.
3. Pawnshop - has the same meaning as defined in N.C.G.S Chapter 66.
4. Precious Metals Dealer - has the same meaning as defined in N.C.G.S Chapter 66.
5. Secondary Metals Recycler - has the same meaning as defined in N.C.G.S Chapter 66.
6. Cash - In addition to and interpretation of the foregoing incorporated statutory definitions of “cash converter”, “pawnbroker”, “pawnshop”, “precious metals dealers” and “secondary metals dealers”, for the purposes of this Ordinance, the term “cash”, when construing that for which goods are purchased or otherwise obtained from the public, shall include checks, drafts, demand instruments, notes, “IOUs” and any other instrument indicating an present or future obligation to pay cash or other valuable consideration.

Every owner or operator of a cash converter business, pawnbroker, pawnshop, precious metals dealer or secondary metals recycler subject to this Ordinance shall maintain an electronic inventory tracking system which is capable of delivery and transmission of all information required by N.C.G.S. 66-391 or 66-392 (for cash converters, pawnbrokers and pawnshops) or N.C.G.S. 66-410 (for precious metals dealers) or N.C.G.S. 66-421 (for secondary metals dealers) by computer to the entity designated by the Henderson County Sheriff’s Office.

Every owner or operator of a cash converter business, pawnbroker, pawnshop, precious metals dealer or secondary metals recycler subject to this Ordinance is required to upload the information required by N.C.G.S. 66-391 or 66-392 to the entity designated by the Henderson County Sheriff’s Office within 1 business day of receipt of the goods purchased and/or pawned.