language to be deleted (2) new language
CHAPTER 274-H.F.No. 3766 An act relating to pawnbrokers; requiring pawnbrokers who provide law enforcement agencies with electronic records of transactions to use a specified interchange file specification format; amending Minnesota Statutes 1998, section 325J.05. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: Section 1. Minnesota Statutes 1998, section 325J.05, is amended to read: 325J.05 [RECORDS; RETENTION.] (a) The pledgor or seller shall sign a pawn ticket and receive an exact copy of the pawn ticket. (b) The pawnbroker shall maintain on the premises a record of all transactions of pledged or purchased goods for a period of three years. These records shall be a correct copy of the entries made of the pawn transactions. A pawnbroker shall upon request provide to the appropriate law enforcement agency a complete and accurate record of pawn
itemstransactions. If the pawnbroker provides the records in a computerized format, they must be provided in the interchange file specification format. For purposes of this paragraph, "interchange file specification format" means the most current version of the Minneapolis automated pawn system interchange file specification format. Sec. 2. [EFFECTIVE DATE.] Section 1 is effective the day following final enactment. Presented to the governor March 20, 2000 Signed by the governor March 23, 2000, 10:45 a.m.
Official Publication of the State of Minnesota
Revisor of Statutes