Pawn shops in Maryland are licensed by Department of Labor, Licensing, and Regulation as Secondhand Precious Metal Object Dealers and Pawnbrokers. The Board, in conjunction with local law enforcement agencies, investigates complaints against licensees, as well as complaints related to unlicensed practice. The Board may issue a reprimand, suspend or revoke a license as well as assess any monetary penalties for violations of the law and regulations.
The Department of Labor, Licensing, and Regulation also regulates pawnbrokers in those Maryland Counties that have not established local pawn laws. Secondhand Precious Metal Object Dealers and Pawnbrokers are regulated under the provisions of Business Regulation Article, Annotated Code of Maryland, Title 12 and the Code of Maryland Regulations, Title 9, Subtitle 25. Maryland Pawn Statutes are publicly available on the Maine.gov website. Click the link below to view the Maryland Pawn Statutes.
http://www.dsd.state.md.us/comar/subtitle_chapters/09_Chapters.aspx#Subtitle25
Rick Sussman, President of Maryland Pawnbrokers Association ricksuss@aol.com