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SENATE BILL NO. 956
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 PEOPLE OF THE STATE OF MICHIGAN ENACT:
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Sec. 5. (1) A pawnbroker shall keep a record in English, at
the time the pawnbroker receives any article of personal property
or other valuable thing by way of pawn, that includes a description
May 13, 2026, Introduced by Senator CAMILLERI and referred to Committee on Oversight.
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of the article, a sequential transaction number, any amount of
money loaned on the article, the name, residence, general
description, and driver license number, official state personal
identification card number, or government identification number of
the person from whom the article was received, and the day and hour
when the article was received. The record, the place where the
business is carried on, and all articles of property in that place
of business are subject to examination at any time by the attorney
of the governmental unit, local police agency, the county
prosecuting attorney of the county in which the governmental unit
is situated, or the department of state police.
(2) Upon the On receipt of any an article of personal property
or other valuable thing by way of pawn, the pawnbroker shall make a
permanent record of the transaction on a form provided by the
pawnbroker that substantially complies with the form described in
subsection (4). Each record of transaction shall must be completed
in duplicate by the pawnbroker, legibly in the English language,
and shall contain all applicable information required to complete
the record of transaction form under subsection (4). This
subsection does not prohibit the use and transmission of the
information required in the record of the transaction by means of
computer or other electronic media as permitted by the local police
agency within the applicable governmental unit.
(3) The pawnbroker shall retain a record of each transaction
and, within not more than 48 hours after the property is received,
shall send 1 copy of the record of transaction to the local police
agency.
(4) The record of transaction must include a writing that
requires the pawner to list the pawner's race according to the
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Michigan data collection act and a form shall be that meets both of
the following requirements:
(a) Is 8-1/2 inches by 11 inches in size. and shall be as
follows:
(b) Is in the following form:
RECORD OF TRANSACTION
FRONT
Article Serial No.
Model No. or Case No. Lens No. or Move. No.
Trade Name Color Size No. Jewels
Material Stone Set Design
Description No. Kind of Stone Size
Inscription or Initials
Purchase Price Amt. Loaned
Dealer
City Date Ticket No.
Lady's [] Gent's[] Wrist [] Pocket[] Lapel[]
BACK
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Final Page
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Operator's License # or Other I.D. #
Customer's Name (PRINT)
Street No. or RFD
City and State
Employed By:
Rolled print of right thumb
(If impossible then some
Age
Height
other fingerprint.
Designate which.)
Weight Race W [] B [] O []
Time Received: AM PM
Mail reports within 48 hours to
local officers
[] Male [] Female
Signature of person taking print
Enacting section 1. This amendatory act does not take effect
unless Senate Bill No. ____ (request no. S01234'25) or House Bill
No. ____ (request no. H01234'25) of the 103rd Legislature is
enacted into law.