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recorded on this label must be the number or name that identifies the transaction in the shop's <br /> records, the transaction date, the name of the item and the description or the model and serial <br /> number of the item as reported to the Police Department, whichever is applicable, and the date <br /> the item is out of pawn or can be sold, if applicable. Labels shall not be re-used. <br /> L. Firearms and Weapons. A pawnbroker shall not receive, display or sell any <br /> merchandise through a pawn, purchase, or consignment or trade consisting of a revolver, pistol, <br /> shotgun, automatic rifle, semiautomatic military-style assault weapon(as defined by Minnesota <br /> Statutes, Section 624.712), switchblade knife, or other similar weapons or firearms. <br /> M.._ Risk of Loss. In the event pledged goods are lost or damaged while in possession <br /> of the pawnbroker, the pawnbroker shall compensate the pledgor, in cash or replacement of <br /> goods acceptable to the pledgor, for the fair market value of the lost or damaged goods. Proof of <br /> compensation shall be a defense to any prosecution or civil action. <br /> N. License Display. A license issued under this Section must be posted in a <br /> conspicuous place in the premises for which it is used. The license issued is only effective for <br /> the compact and contiguous space specified in the approved license application. <br /> O. Responsibility of Licensee. A licensee under this Section shall be responsible for <br /> the conduct of the business being operated and shall maintain conditions of order. The conduct of <br /> agents or employees of a licensee, engaged in performance of duties for the licensee, shall be <br /> deemed the conduct of the licensee. <br /> P. Gambling. No licensee under this Section may keep,possess, or operate,or permit <br /> the keeping,possession,or operation on the licensed premises of dice, slot machines,roulette <br /> wheels,punchboards,blackjack tables, or pinball machines which return coins or slugs, chips,or <br /> tokens of any kind,which are redeemable in merchandise or cash. No gambling equipment <br /> authorized under Minnesota Statutes, Chapter 349,may be kept or operated and no raffles may be <br /> conducted on the licensed premises and/or adjoining rooms. The purchase of lottery tickets may <br /> take place on the licensed premises as authorized by the director of the lottery pursuant to <br /> Minnesota Statutes, Chapter 349A. <br /> Q. Penalty for Property Owner. It is unlawful for any person who owns or controls <br /> real property to knowingly permit it to be used for pawn brokering without a license. <br /> R. Premises. All property deposited, left,pledged,pawned, or held for sale must be <br /> stored in an enclosed facility and may not be stored outside of the premises. The City may, <br /> however,permit the licensee to designate one(1) off-premises locked and secured facility in which <br /> the licensee may store only cars, boats, and other motorized vehicles. The licensee shall permit <br /> immediate inspection of the facility at any time during business hours by the City. All provisions in <br /> this Sectiori regarding record keeping and reporting shall apply to oversized items. All property <br /> shall be stored in compliance with zoning and/or fire regulations and in an orderly manner. The <br /> premises shall also be equipped with an operational security alarm. <br /> 18 <br />