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License Finder
Pawnbrokers, Secondhand Dealers, & Scrap Metal Processors
License Description
The licensure of a Pawnbroker, Secondhand Dealer or Scrap Metal Processor (PBSS) is governed by Title 24 Chapter 23 of the Delaware Code and the Rules and Regulations. For licensing purposes the definitions are as follows: Pawnbroker – the business of lending money on the deposit or pledge of personal property or other valuable things; the purchase of personal property with an expressed or implied agreement or understanding to sell it back at a subsequent time at a stipulated price; or to lend money upon goods, wares or merchandise pledged, stored or deposited as collateral security. Secondhand Dealer – the business includes any volume of selling or receiving previously owned, used, rented or leased tangible personal property. Scrap Metal Processor – the business of selling or receiving any worn out or discarded metal, old iron, used plumbing fixtures, other metal, automobiles, automobile parts, chain, copper, lead, brass or other parts of machinery. Criteria for licensure: Must be at least 18 years of age. Must not have been convicted of any Felony within 5 years of application date. Must not be convicted of any misdemeanor involving theft or fraud within 5 years of application date. Must not be convicted of any misdemeanor involving drugs within 3 years of application date. Licensing Procedures: Each business who is obtaining their initial license must complete a PBSS application. An individual who is applying must complete the PBSS Applicant application, page 2. If the business is a partnership or a corporation, each partner/corporate officer must complete the PBSS Partner/Corporate Officer application, page 3. Initial applications can be submitted at any time during the calendar year. Must include Licensing Fee of $50.00 paid by company check, certified check, or money order made payable to Delaware State Police. All correspondence should be sent to the address listed on the application letterhead. Must include a copy of your State of Delaware Division of Revenue Business License. Pawnbroker agencies must also maintain and submit a current copy of a $50,000 fire insurance policy.
Licensing Agency
Delaware State Police
Professional Licensing Section
https://dsp.delaware.gov/professional-licensing/
Active Status
Active
Continuing Education
No continuing education requirement to maintain license
Criminal Record
Background check required
Education
No educational requirements
Exam
No exam required
License Type
Tied to business
License Updated
07/19/2019
Physical Requirements
No physical requirements
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Occupational license information is from the
Analyst Resource Center
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