Current through Register Vol. 54, No. 45, November 9, 2024
Section 61.3 - Change of place of business(a) If a licensed pawnbroker seeks to retain its current license upon the relocation of its business, the relocation shall be within the same municipality where its currently licensed office is located. Any change of place of business of a licensed pawnbroker within the same municipality requires prior approval of the Department, which will be granted upon the Department being satisfied that the requirements of this section have been met.(b) The new place of business shall be in the same municipality for which the license was originally issued.(c) A licensee who wishes to change the place of business to a municipality other than that indicated on the current license shall obtain a new license by filing a new application and bond and paying the license fee.(d) Application for approval of a change of address shall be filed in writing with the Department at least 15 days prior to the intended date of change. Leases for new quarters may not be signed until the Department has approved the change of address. The Department will act on the application within 14 days. Failure of the Department to act on the application within 14 days constitutes approval, unless the Department requests additional information, which stops the 14-day review period from proceeding until the information requested by the Department is received from the licensee.(e) The current license certificate should be forwarded to the Department with any request for approval of a proposed change in the place of business.The provisions of this §61.3 amended December 26, 1997, effective 12/27/1997, 27 Pa.B. 6796.