(1) In accordance with this section, there is created under this section a central database as a statewide repository for information that pawn or secondhand businesses are required to submit in accordance with this chapter and for the use of participating law enforcement agencies that meet the requirements of Section 13-32a-111.

(2) The division shall: (a) establish and operate the central database; or (b) contract with a third party to establish and operate the central database in accordance with Title 63G, Chapter 6a, Utah Procurement Code.

(a) establish and operate the central database; or

(b) contract with a third party to establish and operate the central database in accordance with Title 63G, Chapter 6a, Utah Procurement Code.

(3) Funding for the creation and operation of the central database shall be from the account.

(4) (a) An entity that operates the central database may not hold any financial or operating interest in a pawn or secondhand business in any state. (b) The division shall verify before a bid is awarded that the selected entity meets the requirements of Subsection (4)(a). (c) If any entity is awarded a bid under this Subsection (4) and is later found to hold any interest in violation of Subsection (4)(a), the award is subject to being opened again for request for proposal.

(a) An entity that operates the central database may not hold any financial or operating interest in a pawn or secondhand business in any state.

(b) The division shall verify before a bid is awarded that the selected entity meets the requirements of Subsection (4)(a).

(c) If any entity is awarded a bid under this Subsection (4) and is later found to hold any interest in violation of Subsection (4)(a), the award is subject to being opened again for request for proposal.

(5) (a) Beginning January 1, 2020, upon a query by a pawnbroker, the central database shall provide notification of the volume of business an individual seeking to enter into a transaction with the pawnbroker has engaged in with any pawnbroker regulated by this chapter within the previous 30 days based on the records in the central database at the time of the query. (b) Information entered in the central database shall be retained for five years and shall then be deleted.

(a) Beginning January 1, 2020, upon a query by a pawnbroker, the central database shall provide notification of the volume of business an individual seeking to enter into a transaction with the pawnbroker has engaged in with any pawnbroker regulated by this chapter within the previous 30 days based on the records in the central database at the time of the query.

(b) Information entered in the central database shall be retained for five years and shall then be deleted.