A. It is unlawful for any person regulated by Chapter 14B.90:
1. To receive any property from any person
a. Known to the principal, employee or Dealer to be prohibited from selling by a court order,
b. Under the age of 18 years unless the person’s parent or guardian complete the applicable information on the Declaration of Proof of Ownership,
c. About whom the principal, employee or Dealer has been given notice by law enforcement as having been convicted of burglary, robbery, theft or possession of or receiving stolen property within the past ten years whether the person is acting in his or her own behalf or as the agent of another who meets the above criteria;
2. To receive property prohibited by this Chapter or the Administrative Rules, including
b. Gift cards, in-store credit cards, or activated phone cards;
c. Property with serial numbers, personalized inscriptions or initials or other identifying marks that appear to have been intentionally altered or rendered illegible.
3. To receive property that a reasonable person under similar circumstances would believe is more likely than not stolen, except as allowed by the Administrative Rules. A later determination regarding whether or not an item is found to be stolen will not be used as a factor to determine whether a Dealer has violated this subsection.
B. Any violation of Section 14B.90 is punishable, upon conviction, by a fine of not more than $500 and a jail sentence of up to six months.