(A) When any law enforcement officer has probable cause to believe that property in possession of a pawnbroker, precious material dealer, secondhand retailer, or automated kiosk is misappropriated, the officer may place a hold order on the property for a reasonable period of time, not to exceed 30 days.
(B) No pawnbroker, precious material dealer, secondhand retailer, or automated kiosk shall release or dispose of property subject to a hold order except pursuant to a court order or a written release from the police department.
(C) Where the rightful ownership of seized property is disputed, any interested person may request a hearing to determine the issue of ownership before the City Independent Office of Hearings by filing a request with the City Clerk's Office. Upon its receipt of such a request, the City Independent Office of Hearings shall notify the law enforcement officer involved in the matter, who shall deliver the contact information for all known interested parties within three days of being notified. Within three days of receiving this information, the City Independent Office of Hearings shall issue a notice of hearing to the officer and all known interested parties. The notice shall specify the location of the hearing, and a date and time for the hearing that is between 15 and 20 days from its mailing of the notice of hearing. Such notice shall briefly state the nature of the hearing and that failure to attend by any party may result in a decision adverse to their interests.