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October 24, 2013

N.H. House panel wants study of pawn regulation

(Continued)

Huot advocates better record keeping.

“The focus will be on obtaining compliance with some reasonable type of regulations,” he said.

Owner Archie DeFlorio, who operates eight Cash for Gold stores in Southern New Hampshire and the Merrimack Valley, said the town of Salem requires record keeping, photographs and mandates a waiting period before disposal of property.

“We have to hold all merchandise for 30 days,” he said.

DeFlorio said other New Hampshire communities have followed Salem’s lead.

“It helps the victim recoup their losses,” he said.

But, he said, some towns have neglected to put regulations with a waiting period in place.

“Naturally, the thief will go there,” he said.

DeFlorio approved of the House panel’s recommendation to set up a commission, saying he would be willing to testify before it or serve.

“I’d be happy to do that,” he said. “I’ve been in this business 34 years.”

Salem police weren’t aware of the effort to change the law.

“If they’re going to change the law, we haven’t been notified by any committee,” Salem Deputy police Chief Shawn Patten said.

Patten sees a need for local communities to have input.

“If they’re going to address it, they may want to hear from the cities and towns in New Hampshire most affected by it,” he said. “We’d be happy to provide them with any input and our experiences. We’d be happy to share, but we haven’t heard from any lawmakers.”

Butler said the committee’s recommendation will come before the House in early January.

If approved by the House, the commission proposal would then move to the Senate.

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