Exam Process Information
The examination department’s main responsibility is to conduct routine examinations of pawnshops to ensure proper record keeping and compliance with the Texas Pawnshop Act. Examinations are approximately once every 18 months for the majority of pawnshops.
Examination Accommodations
When the representative of the commissioner appears at a pawnshop to conduct an examination, the pawnshop must make available adequate work space with:
- a desk or table
- a suitable chair
- adequate lighting
- convenient access to a 110 volt electrical outlet
The area provided for the representative must be reasonably suited for office work.
Annual Report
A copy of this report must be retained and made available to examiners during an examination.
Important Dates
June 01-Renewal Opens for Pawn Shop & Pawn Employees.
June 30-Renewal Closes For Pawn Shop & Pawn Employees
****Pawn Shop Licenses not renewed by midnight will Cancel***
****Pawn Employees who do not renew their license by midnight must reapply***
July 1-Pawn Shop reinstatement* period opens
Pawn shop licenses not renewed by June 30 have 180 days after the cancellation date at midnight to reinstate* their cancelled license(s). Pawn Shop licenses not reinstated not later than the 180th day after its expiration date (June 30) will Cancel-Non Renewable and you will need to reapply..
*Reinstate – $1,000 late filing fee + the renewal fee for each license you are reinstating.
Pawn Shops may only opt in/out to license their Pawn Employees through the OCCC during the renewal period. If this was missed, a pawn shop will not be able to modify this option until the following renewal period.
Annual Reports
Annual Report – due July 31.