reglab/housing_qa huggingface dataset:
NC Gen Stat § 66-374 (2021)
2021 North Carolina General Statutes|Chapter 66 - Commerce and Business|Article 43 - Service Agreements.|§ 66-374 - Mechanical breakdown service agreements.

 66-374. Mechanical breakdown service agreements.(a) Except as provided in subsection (c) of this section, all mechanical breakdown service agreement companies soliciting business in this State shall comply with G.S. 66-372 and G.S. 66-373.(b) As used in this section, "mechanical breakdown service agreement companies" include any person that issues mechanical breakdown service agreements and is not a licensed insurer, and "mechanical breakdown service agreements" are applicable to mechanized equipment, including automobiles, riding mowers, scooters, generators, farm implements, logging equipment, road graders, bulldozers, and power equipment not licensed for road use, whether mobile or not.(c) This section does not apply to performance guarantees, warranties, mechanical breakdown service agreements, or motor vehicle service agreements made by:(1) A manufacturer.(2) A distributor.(3) A subsidiary of a manufacturer or distributor. (2003-290, s. 4; 2007-95, ss. 6, 13.)
NC Gen Stat § 66-380 (2021)
2021 North Carolina General Statutes|Chapter 66 - Commerce and Business|Article 44 - Free Insurance.|§ 66-380 - Definitions.

 66-380. Definitions.As used in this Article:(1) "Consumer goods" means goods that are used primarily for personal, family, or household purposes. For the purposes of this Article, consumer goods do not include automobiles or residences.(2) "Free insurance" means any of the following:a. Insurance for which no identifiable or additional charge is made to the purchaser or lessee of consumer goods or services directly or indirectly connected with the purchase of consumer goods.b. Insurance for which an identifiable or additional charge is made in an amount less than the cost of such insurance as to the seller, lessor, or other person other than the insurer providing the insurance.  (2008-124, s. 9.1.)
NC Gen Stat § 66-381 (2021)
2021 North Carolina General Statutes|Chapter 66 - Commerce and Business|Article 44 - Free Insurance.|§ 66-381 - Free insurance.

 66-381. Free insurance.No person shall advertise, offer, or provide free insurance for damage, loss, or theft as an inducement to the purchase, sale, or rental of consumer goods or services directly or indirectly connected with the purchase of consumer goods.  (2008-124, s. 9.1.)
NC Gen Stat § 66-382 (2021)
2021 North Carolina General Statutes|Chapter 66 - Commerce and Business|Article 44 - Free Insurance.|§ 66-382 - Unfair trade practice.

 66-382. Unfair trade practice.A violation of G.S. 66-381 constitutes an unfair trade practice under G.S. 75-1.1.  (2008-124, s. 9.1.)
NC Gen Stat § 66-385 (2021)
2021 North Carolina General Statutes|Chapter 66 - Commerce and Business|Article 45 - Pawnbrokers, Metal Dealers, and Scrap Dealers.|§ 66-385 - Short title.

 66-385. Short title.This Part shall be known and may be cited as the Pawnbrokers and Cash Converters Modernization Act.  (1989, c. 638, s. 2; 2011-325, s. 2; 2012-46, ss. 2, 4.)
NC Gen Stat § 66-386 (2021)
2021 North Carolina General Statutes|Chapter 66 - Commerce and Business|Article 45 - Pawnbrokers, Metal Dealers, and Scrap Dealers.|§ 66-386 - Purpose.

 66-386. Purpose.The making of pawn loans and the acquisition and disposition of tangible personal property by and through pawnshops and cash converters vitally affects the general economy of this State and the public interest and welfare of its citizens. In recognition of these facts, it is the policy of this State and the purpose of the Pawnbrokers and Cash Converters Modernization Act to do all of the following:(1) Ensure a sound system of making loans and acquiring and disposing of tangible personal property by and through pawnshops, and to prevent unlawful property transactions, particularly in stolen property, through licensing and regulating pawnbrokers.(2) Ensure a sound system of acquiring and disposing of tangible personal property by and through cash converters and to prevent unlawful property transactions, particularly in stolen property, by requiring record keeping by cash converters.(3) Provide for pawnbroker licensing fees and investigation fees of licensees.(4) Ensure financial responsibility to the State and the general public.(5) Ensure compliance with federal and State laws.(6) Assist local governments in the exercise of their police authority.  (1989, c. 638, s. 2; 2011-325, s. 3; 2012-46, ss. 2, 5.)
NC Gen Stat § 66-387 (2021)
2021 North Carolina General Statutes|Chapter 66 - Commerce and Business|Article 45 - Pawnbrokers, Metal Dealers, and Scrap Dealers.|§ 66-387 - Definitions.

 66-387. Definitions.The following definitions apply in this Part:(1) Cash. - Lawful currency of the United States.(2) Currency converter. - Either (i) a person engaged in the business of purchasing goods from the public for cash at a permanently located retail store or (ii) an itinerant merchant as defined in G.S. 66-250(1) who holds himself or herself out to the public by signs, advertising, or other methods as engaging in that business. The term does not include any of the following:a. Pawnbrokers, except with regard to the purchase of a gift card or merchandise card.b. Persons whose goods purchases are made directly from manufacturers or wholesalers for their inventories.c. Precious metals dealers, to the extent that their transactions are regulated under Part 2 of this Article.d. Purchases by persons primarily in the business of obtaining from the public, either by purchase or exchange, used clothing, children's furniture, and children's products, provided (i) the amount paid for the individual item purchased is less than fifty dollars ($50.00) and (ii) the individual item purchased is not a gift card or merchandise card of any value.e. Purchases by persons primarily in the business of obtaining from the public, either by purchase or exchange, sporting goods and sporting equipment, provided (i) the amount paid for the individual item purchased is less than fifty dollars ($50.00) and (ii) the individual item purchased is not a gift card or merchandise card of any value.(2a) E-buyer. - A currency converter engaged in the business of purchasing gift cards or merchandise cards online.(3) Pawn or pawn transaction. - A written bailment of personal property as security for a debt, redeemable on certain terms within 180 days, unless renewed, and with an implied power of sale on default.(4) Pawnbroker. - A person engaged in the business of lending money on the security of pledged goods and who may also purchase merchandise for resale from dealers and traders.(5) Pawnshop. - The location at which, or premises in which, a pawnbroker regularly conducts business.(6) Person. - Any individual, corporation, joint venture, association, or any other legal entity, however organized.(7) Pledged goods. - Tangible personal property which is deposited with, or otherwise actually delivered into, the possession of a pawnbroker in the course of his business in connection with a pawn transaction.(8) Purchase. - An item purchased from an individual for the purpose of resale whereby the seller no longer has a vested interest in the item.  (1989, c. 638, s. 2; 2011-325, s. 4; 2012-46, ss. 2, 6; 2013-410, s. 26; 2017-162, s. 3.)
NC Gen Stat § 66-388 (2021)
2021 North Carolina General Statutes|Chapter 66 - Commerce and Business|Article 45 - Pawnbrokers, Metal Dealers, and Scrap Dealers.|§ 66-388 - Pawnbroker authority.

 66-388. Pawnbroker authority.A pawnbroker licensee is authorized to: (i) make loans on pledges of tangible personal property, (ii) deal in bullion stocks, (iii) purchase merchandise for resale from dealers, traders, and wholesale suppliers and (iv) use its capital and funds in any lawful manner within the general scope and purpose of its creation. Notwithstanding the provisions of this section, no pawnbroker has the authority enumerated in this section unless he has fully complied with the laws regulating the particular transactions involved.  (1989, c. 638, s. 2; 2012-46, s. 2.)
NC Gen Stat § 66-389 (2021)
2021 North Carolina General Statutes|Chapter 66 - Commerce and Business|Article 45 - Pawnbrokers, Metal Dealers, and Scrap Dealers.|§ 66-389 - License required.

 66-389. License required.It is unlawful for any person, firm, or corporation to establish or conduct a business of pawnbroker unless such person, firm, or corporation has procured a license to conduct business in compliance with the requirements of this Part.  (1989, c. 638, s. 2; 2012-46, ss. 2, 7.)
NC Gen Stat § 66-390 (2021)
2021 North Carolina General Statutes|Chapter 66 - Commerce and Business|Article 45 - Pawnbrokers, Metal Dealers, and Scrap Dealers.|§ 66-390 - Requirements for licensure.

 66-390. Requirements for licensure.(a) To be eligible for a pawnbroker's license, an applicant must:(1) Be of good moral character; and(2) Not have been convicted of a felony within the last 10 years.(b) Every person, firm or corporation desiring to engage in the business of pawnbroker shall petition the appropriate city or county agency in the area in which the pawnshop is to be operated for a license to conduct such business. Such petitions shall provide:(1) The name and address of the person, and, in case of a firm or corporation, the names and addresses of the persons composing such firm or of the officers, directors, and stockholders of such corporation, excluding shareholders of publicly traded companies;(2) The name of the business and the street and mailing address where the business is to be operated;(3) A statement indicating the amount of net assets or capital proposed to be used by the petitioner in operation of the business; this statement shall be accompanied by an unaudited statement from an accountant or certified public accountant verifying the information contained in the accompanying statement;(4) An affidavit by the petitioner that he has not been convicted of a felony; and(5) A certificate from the chief of police, or sheriff of the county, or the State Bureau of Investigation that the petitioner has not been convicted of a felony.(c) Licenses shall be granted under this Part by the city if the pawnshop is to be operated within the corporate limits of a city as defined by G.S. 160A-1, and by a county if it is to be operated outside the corporate limits of any city as defined by G.S. 160A-1.(d) Any license granted under this Part may be revoked by the county or city issuing it, after a hearing, for substantial abuses of this Part by the licensee.  (1989, c. 638, s. 2; 2012-46, ss. 2, 8.)
NC Gen Stat § 66-393 (2021)
2021 North Carolina General Statutes|Chapter 66 - Commerce and Business|Article 45 - Pawnbrokers, Metal Dealers, and Scrap Dealers.|§ 66-393 - Pawnbroker fees; interest rates.

 66-393. Pawnbroker fees; interest rates.No pawnbroker shall demand or receive an effective rate of interest greater than two percent (2%) per month, and no other charge of any description or for any purpose shall be made by the pawnbroker, except that the pawnbroker may charge, contract for, and recover an additional monthly fee for the following services, including but not limited to:(1) Title investigation;(2) Handling, appraisal, and storage;(3) Insuring a security;(4) Application fee;(5) Making daily reports to local law enforcement officers; and(6) For other expenses, including losses of every nature, and all other services.In no event may the total of the above listed monthly fees on a pawn transaction exceed twenty percent (20%) of the principal up to a maximum of the following:First month  $100.00  Second month  75.00  Third month  75.00  Fourth month and thereafter  50.00  In addition, pawnbrokers may charge fees for returned checks as allowed by G.S. 25-3-506.  (1989, c. 638, s. 2; 1995 (Reg. Sess., 1996), c. 742, s. 37; 2012-46, s. 2.)
NC Gen Stat § 66-394 (2021)
2021 North Carolina General Statutes|Chapter 66 - Commerce and Business|Article 45 - Pawnbrokers, Metal Dealers, and Scrap Dealers.|§ 66-394 - Pawnbroker transactions.

 66-394. Pawnbroker transactions.In every pawn transaction:(1) The original pawn contract shall have a maturity date of not less than 30 days, provided that nothing herein shall prevent the pledgor from redeeming the property before the maturity date;(2) Any personal property pledged to a pawnbroker in this State is subject to sale or disposal when there has been no payment made on the account for a period of 60 days past maturity date of the original contract; provided that the contract between the pledgor and the pawnbroker is renewable if renewal is agreed upon by both the parties;(3) Every pawn ticket or receipt for such pawn shall have printed thereon the provisions of subdivision (1) of this section which shall constitute: (i) notice of such sale or disposal, (ii) notice of intention to sell or dispose of the property without further notice, and (iii) consent to such sale or disposal. The pledgor thereby forfeits all right, title and interest of, in, and to such pawned property to the pawnbroker who thereby acquires absolute title to the same, whereupon the debt is satisfied and the pawnbroker may sell or dispose of the unredeemed pledges as his own property. Any sale or disposal of property under this section terminates all liability of the pawnbroker and vests in the purchaser the right, title, and interest of the borrower and the pawnbroker;(4) If the borrower loses his pawn ticket he shall not thereby forfeit his right to redeem, but may, before the lapse of the redemption period, make an affidavit with indemnification for such loss. The affidavit shall describe the property pawned and shall take the place of the lost pawn ticket unless the pawned property has already been redeemed with the original pawn ticket; and(5) A pledgor is not obligated to redeem pledged goods or make any payment on a pawn transaction.  (1989, c. 638, s. 2; 2012-46, s. 2.)
NC Gen Stat § 66-395 (2021)
2021 North Carolina General Statutes|Chapter 66 - Commerce and Business|Article 45 - Pawnbrokers, Metal Dealers, and Scrap Dealers.|§ 66-395 - Prohibitions.

 66-395. Prohibitions.(a) A pawnbroker shall not:(1) Accept a pledge from a person under the age of 18 years.(2) Make any agreement requiring the personal liability of a pledgor in connection with a pawn transaction.(3) Accept any waiver, in writing or otherwise, of any right or protection accorded a pledgor under this Part.(4) Fail to exercise reasonable care to protect pledged goods from loss or damage.(5) Fail to return pledged goods to a pledgor upon payment of the full amount due the pawnbroker on the pawn transaction. In the event such pledged goods are lost or damaged while in the possession of the pawnbroker, it shall be the responsibility of the pawnbroker to replace the lost or damaged goods with merchandise of like kind and equivalent value. In the event the pledgor and pawnbroker cannot agree as to replacement, the pawnbroker shall reimburse the pledgor in the amount of the value agreed upon pursuant to G.S. 66-391(b).(6) Take any article in pawn, pledge, or as security from any person, which is known to such pawnbroker to be stolen, unless there is a written agreement with local or State law enforcement.(7) Sell, exchange, barter, or remove from the pawnshop any goods pledged, pawned, or purchased before the earlier of seven days after the date the pawn ticket record is electronically reported in accordance with G.S. 66-391(d) or 30 days after the transaction, except in case of redemption by pledgor or items purchased for resale from wholesalers.(8) Operate more than one pawnshop under one license, and such shop must be at a permanent place of business.(9) Take as pledged goods any manufactured mobile home, recreational vehicle, or motor vehicle other than a motorcycle.(b) A currency converter shall not purchase from any person property which is known to the currency converter to be stolen, unless there is a written agreement with local or State law enforcement.  (1989, c. 638, s. 2; 2007-415, s. 1; 2011-325, s. 7; 2012-46, ss. 2, 10; 2013-410, s. 26.)
NC Gen Stat § 66-396 (2021)
2021 North Carolina General Statutes|Chapter 66 - Commerce and Business|Article 45 - Pawnbrokers, Metal Dealers, and Scrap Dealers.|§ 66-396 - Penalties.

 66-396. Penalties.(a) Every person, firm, or corporation, their guests or employees, who shall knowingly violate any of the provisions of this Part, shall, on conviction thereof, be deemed guilty of a Class 2 misdemeanor. If the violation is by an owner or major stockholder or managing partner of the pawnshop and the violation is knowingly committed by the owner, major stockholder, or managing partner of the pawnshop, then the license of the pawnshop may be suspended at the discretion of the court.(b) The provision of subsection (a) of this section shall not apply to violations of G.S. 66-395(a)(6) or G.S. 66-395(b) which shall be prosecuted under the North Carolina criminal statutes.(c) Any contract of pawn the making or collecting of which violates any provision of this Part, except as a result of accidental or bona fide error of computation, shall be void, and the licensee shall have no right to collect, receive or retain any interest or fee whatsoever with respect to such pawn.  (1989, c. 638, s. 2; 1993, c. 539, s. 655; 1994, Ex. Sess., c. 24, s. 14(c); 2011-325, s. 8; 2012-46, ss. 2, 11.)
NC Gen Stat § 66-397 (2021)
2021 North Carolina General Statutes|Chapter 66 - Commerce and Business|Article 45 - Pawnbrokers, Metal Dealers, and Scrap Dealers.|§ 66-397 - Municipal or county authority.

 66-397. Municipal or county authority.All of the counties and cities as defined by G.S. 160A-1 may by ordinance adopt the provisions of this Part and may adopt such further rules and regulations as the governing bodies of the counties and cities deem appropriate; provided, however, no county or city may regulate:(1) Interest, fees, or recovery charges;(2) Hours of operation, unless such regulation applies to businesses generally;(3) The nature of the business or type of pawn transaction; or(4) License fees in excess of rates set by the State.  (1989, c. 638, s. 2; 1993, c. 539, s. 655; 1994, Ex. Sess., c. 24, s. 14(c); 2011-325, s. 8; 2012-46, ss. 2, 12.)
NC Gen Stat § 66-398 (2021)
2021 North Carolina General Statutes|Chapter 66 - Commerce and Business|Article 45 - Pawnbrokers, Metal Dealers, and Scrap Dealers.|§ 66-398 - License renewal.

 66-398. License renewal.Notwithstanding any provision of this Part to the contrary, any person, firm, or corporation licensed as a pawnbroker on or before October 1, 1989, shall continue in force until the natural expiration thereof and all other provisions of this Part shall apply to such license. Such pawnbroker shall be eligible for renewal of his license upon its expiration or subsequent renewals, provided such license complies with the requirements for renewal that were in effect immediately prior to October 1, 1989.  (1989, c. 638, s. 2; 2012-46, ss. 2, 13.)
NC Gen Stat § 66-399 (2021)
2021 North Carolina General Statutes|Chapter 66 - Commerce and Business|Article 45 - Pawnbrokers, Metal Dealers, and Scrap Dealers.|§ 66-399 - Bond.

 66-399. Bond.Every person, firm, or corporation licensed under this Part shall, at the time of receiving the license, file with the city or county issuing the license a bond payable to such city or county in the sum of five thousand dollars ($5,000), to be executed by the licensee, and by two responsible sureties or a surety company licensed to do such business in this State, to be approved by the city or county, which shall be for the faithful performance of the requirements and obligations pertaining to the business so licensed. The city or county may sue for forfeiture of the bond upon a breach thereof. Any person who obtains a judgment against a pawnbroker and upon which judgment execution is returned unsatisfied may maintain an action in his own name upon the bond, to satisfy the judgment.  (1989, c. 638, s. 2; 2012-46, ss. 2, 14.)
NC Gen Stat § 66-405 (2021)
2021 North Carolina General Statutes|Chapter 66 - Commerce and Business|Article 45 - Pawnbrokers, Metal Dealers, and Scrap Dealers.|§ 66-405 - Legislative finding.

 66-405. Legislative finding.The General Assembly finds and declares that precious metal businesses in North Carolina vitally affect the general economy of the State and the public interest and public welfare, and in the exercise of its police power, it is necessary to regulate such businesses, in order to prevent thefts, disposal of stolen property, and other abuses upon its citizens.  (1981, c. 956, s. 1; 2012-46, s. 15.)
NC Gen Stat § 66-406 (2021)
2021 North Carolina General Statutes|Chapter 66 - Commerce and Business|Article 45 - Pawnbrokers, Metal Dealers, and Scrap Dealers.|§ 66-406 - Definitions.

 66-406. Definitions.The following definitions apply in this Part:(1) Dealer. - A person who purchases precious metals from the public, other than by an exempted transaction, in the form of jewelry, flatware, silver services, or other forms and holds himself or herself out to the public by signs, advertising, or other methods as engaging in such purchases, including any independent contractor purchasing precious metals under any arrangement in any department store. An exempted transaction is one that is (i) not considered in determining whether a person is a dealer under this Part and (ii) not subject to the requirements of this Part, even if it is entered into by a person otherwise defined and regulated as a dealer. Exempted transactions are:a. Purchases directly from manufacturers or wholesalers of precious metals by permanently located retail merchants for their inventories.b. Pawns, pledges, or purchases of items made of precious metals, if the transaction is entered into by a licensed pawnbroker and the transaction is regulated under the provisions of Part 1 of this Article.c. The acquisition of precious metals by a permanently located retail merchant through barter or exchange for other items sold in the ordinary course of the merchant's business, provided that the seller does not receive, as part of the transaction, any sum of money or any gift card or stored-value card, unless the card is redeemable only at that merchant's business.(2) Local law enforcement agency. - The term means the following, as applicable:a. The county police force, if the dealer's business is located within a county with a county police force and outside the corporate limits of a municipality.b. The municipal police force, if the dealer's business is located within the corporate limits of a municipality having a police force.c. The county sheriff's office of the county in which the dealer's business is located, if neither sub-subdivision a. nor b. of this subdivision applies.(3) Precious metal. - Gold, silver, platinum, or palladium, as defined below, but excluding coins, medals, medallions, tokens, numismatic items, art ingots, or art bars.a. Gold. - Any item or article containing 10 karats of gold or more which may be in combination or alloy with any other metal.b. Silver. - Any item or article containing 925 parts per thousand of silver which may be in combination or alloy with any nonprecious metal or which is marked "sterling".c. Platinum. - Any item or article containing 900 parts per thousand or more of platinum which may be in combination or alloy with any other metal.d. Palladium. - Any item or article containing 950 parts per thousand or more of palladium which may be in combination or alloy with any other metal.  (1981, c. 956, s. 1; c. 1001, s. 3; 1989 (Reg. Sess., 1990), c. 1024, s. 10(b); 2009-482, s. 1; 2012-46, ss. 15, 17.)
NC Gen Stat § 66-408 (2021)
2021 North Carolina General Statutes|Chapter 66 - Commerce and Business|Article 45 - Pawnbrokers, Metal Dealers, and Scrap Dealers.|§ 66-408 - Perjury; punishment.

 66-408. Perjury; punishment.Any person who shall willfully commit perjury in any application for a permit or exemption filed pursuant to this Part shall be guilty of a Class 2 misdemeanor.  (1981, c. 956, s. 1; 1993, c. 539, s. 525; 1994, Ex. Sess., c. 24, s. 14(c); 2012-46, ss. 15, 19.)