Collateral loan brokers, also known as pawn shops, must register with the New York State Comptroller.
Collateral loan brokers must follow the State Abandoned Property Law. In New York City, they must also get a license from the Department of Consumer Affairs. For more information, visit the Pawnbroker License page.
The City has tried to provide you with correct information on this website. While every effort has been made to ensure that the information provided is accurate and up-to-date, errors are still possible. The information provided is not legal advice. You may need additional information to meet the legal requirements for starting or operating your business.