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ACCEPTABLE Acceptable forms of identification are a current valid Minnesota <br /> IDENTIFICATION: driver's license, a current valid Minnesota identification card, or a <br /> current valid photo driver's license or identification card issued by <br /> another state or province of Canada. <br /> BILLABLE Every reportable transaction conducted by a pawnbroker, except <br /> TRANSACTIONS: renewals,redemptions, or extensions of existing pawns on items <br /> previously reported and continuously in the licensee's possession is a <br /> billable transaction. <br /> ISSUING AUTHORITY: The City of St. Anthony, Minnesota. <br /> LICENSEE: The person, corporation,partnership,or association to whom a <br /> license is issued under this Section,including any agents or <br /> employees of the person, corporation,partnership,or association. <br /> MINOR: Any natural person under the age of eighteen(18)years. <br /> PAWNBROKER: Any natural person,partnership or corporation,either as principal, or <br /> agent or employee thereof,who loans money on deposit or pledge of <br /> personal property, or other valuable thing,or who deals in the <br /> purchasing of personal property, or other valuable thing on condition <br /> of selling the same back again at a stipulated price,or who loans <br /> money secured by chattel mortgage on personal property,taking <br /> possession of the property or any part thereof so mortgaged. To the <br /> extent that a pawnbroker's business includes buying personal <br /> property previously used,rented or leased,or selling it on <br /> consignment,the provisions of this chapter shall be applicable. Any <br /> bank, savings and loan association,or credit union shall not be <br /> deemed a pawnbroker for purposes of this Section. <br /> PERSON: Any one or more natural persons; a partnership, including a limited <br /> partnership; a corporation, including a foreign,domestic, or nonprofit <br /> corporation; a trust; a political subdivision of the state; or any other <br /> business organization. <br /> REPORTABLE Every transaction conducted by a pawnbroker in which merchandise <br /> TRANSACTION: is received through a pawn,purchase, consignment or trade, or in <br /> which a pawn is renewed,extended, redeemed or voided, is a <br /> reportable transaction except: <br /> (a) The bulk purchase or consignment of new or used <br /> merchandise from a merchant,manufacturer, or wholesaler <br /> having an established permanent place of business,and the <br /> retail sale of said merchandise,provided the pawnbroker <br /> must maintain a record of such purchase or consignment <br /> 2 <br />