Require Pawn Shops To Check Serial Numbers For Ownership Via An Online Database

This petition was published by Michael Montana on Apr 08, 2008

We, the undersigned, call on the government of the United States to require all pawn shops in the United States to utilize the Tokumon Inventory Protection System, hereinafter referred to as TIPS, an on-line registry of personal property for the purpose of determining ownership of item(s) having a serial number before purchasing or providing a loan against the same.

Further, if a pawn shop located in the United States fails to utilize the TIPS database for verification of rightful ownership, said pawn shop will be in violation of the law(s) of the governing agencies of the local municipality, city, county, state and or federal having jurisdiction for any pawn shop who initiates, organizes, plans, finances, directs, manages, supervises, possesses or purchases stolen property and traffics in such stolen property shall be guilty of a felony of the first degree if the value of the stolen personal property meets the guidelines of the aforementioned agencies and the governing laws.

Further, and more specifically, only item(s) proven to be registered in the TIPS database at a time prior to the purchase of and or accepted as collateral be the consideration and the basis of prosecution of the aforementioned violation.

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