3-8A-7: INVENTORY MAINTAINED; SIGNATURE OF PURCHASER REQUIRED:

At any closing out or pawnbroker auction, there shall be kept and maintained the applicant's copy of the inventory, which shall contain the identical information shown on the inventory filed with the Clerk, and at the time of each sale the purchaser shall sign on the applicant's copy of the inventory in the space provided and sign in his own handwriting his name, address and all monies paid. Tags showing the inventory number, and the pawn ticket number, as hereinbefore provided for the inventory, if pawned or pledged, of each article shown, must remain on the article until after the purchaser has signed in the blanks provided on the inventory. The purchaser must sign said inventory before any other article shall be exposed for sale on all sales over five dollars ($5.00). Failure to keep and maintain such inventory shall be sufficient cause for the immediate revocation of said license. In the event that a sale has been declared to have been made but no purchaser comes forward and signs the inventory, then the article shall be immediately reoffered, beginning at the next highest bid, and the sale thereof completed before any other article is offered; provided, that the seller may refuse to sell where only one bid has been made, but not otherwise. (1952 Code § 5-17-10)