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In Indiana, pawn shops are regulated by state laws that require them to obtain a license to operate. They must keep detailed records of all transactions, including the identification of customers and descriptions of the items pawned or sold. Additionally, pawn shops are required to report their transactions to local law enforcement, which helps in tracking stolen property. The state also sets interest rate limits and guidelines for the handling of unredeemed items.

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Is it legal to pawn a handgun in Indiana?

Perfectly legal- IF the Pawn Shop has an 02 Federal Firearms License, AND you are old enough and legally able to possess a firearm, AND you have a government issued photo ID that shows your name, age and address. The pawn shop must comply with Federal laws, and before returning a redeemed gun must conduct a background check. Not all pawn shops have a Federal Firearms License, and those shops cannot pawn or sell guns.


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