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to perform the duties of a pawnbroker as prescribed by Minnesota Statutes, <br /> Section 364.03, subdivision 3; or <br /> (3) Is not of good moral character or repute. <br /> B. No license under this Section shall be issued to an applicant that is a partnership if <br /> such applicant has any general partner or managing partner: <br /> (1) Who is a minor at the time the application is filed; or <br /> (2) Who has been convicted of any crime directly related to the occupation <br /> licensed as prescribed by Minnesota Statutes, Section 364.03,subdivision 2, <br /> and who has not shown competent evidence of sufficient rehabilitation and <br /> present fitness to perform the duties of a pawnbroker as prescribed by <br /> Minnesota Statutes, Section 364.03, subdivision 3; or <br /> (3) Who is not of good moral character or repute. <br /> C. No license under this Section shall be issued to an applicant that is a corporation or <br /> other organization if such applicant has any manager,proprietor, or agent in charge of the business <br /> to be licensed: <br /> (1) Who is a minor at the time the application is filed; or <br /> (2) Who has been convicted of any crime directly related to the occupation <br /> licensed as prescribed by Minnesota Statutes, Section 364.03,subdivision 2, <br /> and who has not shown competent evidence of sufficient rehabilitation and <br /> present fitness to perform the duties of a pawnbroker as prescribed by <br /> Minnesota Statutes, Section 364.03, subdivision 3; or <br /> (3) Who is not of good moral character or repute. <br /> 566.12. General License Restrictions. <br /> A. Records Required. At the time of any reportable transaction other than renewals, <br /> extensions or redemptions, every licensee must immediately record in English the following <br /> information by using ink or other indelible medium on forms or in a computerized record <br /> approved by the police department: <br /> (1) A complete and accurate description of each item including, but not <br /> limited to, any trademark, identification number, serial number, model <br /> number, brand name, or other identifying mark on such an item. <br /> (2) The purchase price, amount of money loaned upon, or pledged therefor. <br /> (3) The maturity date of the transaction and the amount due, including <br /> monthly and annual interest rates and all pawn fees and charges. <br /> 9 <br />