Pawnshop Acquiring Licensing & Existing Licensees

Applications:

If you have specific legal questions, please seek the advice of an attorney.

New Pawn Shop & Pawn Employee License Application:

Businesses wishing to apply for a Pawn Shop license must create an account and submit the application using ALECS. Please turn your browsers auto fill feature off prior to beginning your application. To avoid any potential glitches, please use Chrome or Firefox browsers. 

For a list of new pawn shop application required items and resources on obtaining those items please see the: New Pawn Shop Application License Checklist

Owners/Principal Party Guide – Here you will find a step by step guide on adding or modifying owners (principal parties)

Pawn Shop Employees wishing to engage in the business of writing pawn loans, buy or sell merchandise or supervise another employee who writes pawn transactions or buys and sells merchandise must submit an application using ALECS. (If you are unable to submit an application, check with your corporate office to confirm if the pawn shop has opted to license their Pawn Employees)

Pawn Shop Employees-may work as though licensed if:

• The new employee submitted an application that is in review with the OCCC;
• They have worked as a pawnbroker for less than 75 days; OR
• The Pawn Shop they work for has opted in to license Pawn Employees (if a Pawn Shop has not opted in, the applicant will not be able to submit an application) Click here for more details.

Existing Licensees

New location applications can be submitted online using ALECS

Businesses wishing to Transfer – Activate/Inactivate – Relocate an existing license can do so using ALECS. 

To transfer a license, the buyer should originate the process by creating a new account, and requesting the transfer of license under Manage My Business.

Click here for a step by step transfer guide.

A transfer of license checklist can be found here. 

To activate/inactivate a license, click on Manage My Business and select the change you are wishing to make under the Pawn Shop subheading.

To relocate an existing license, click on Manage My Business and select relocation of a pawn shop license.

To print a pawn employee license, employees should create an ALECS account and print under “Manage My Business”.

Renewal

To renew licenses of shops and/or employees log into ALECS, click on  “Manage My Business” on the left hand menu,  and elect the option “Renew License” for shops or “Renew Pawn Employees”

Click here for a step by step guide on renewing Pawn Employees.

Resources:

• Apply for a Pawn Employee License
• Create a Pawn Employee Account
• Update Employer
• Criminal History- Required Documents
• Search- See if employee is licensed

Forms:

Principal Party Required Forms

• Personal Affidavit
• Personal Employment History
• Personal Questionnaire

Additional Forms:

• Bank Confirmation
• Financial Statement
• Permission to Operate (For Transfer of License)
• Statement of Experience

All licensing documents are presented as PDF-fillable forms. Acrobat Reader is required to view, download, and complete forms. You must save all forms to your computer before entering data. Failure to do so may result in loss of data and files.