No person, firm, association, partnership or corporation licensed to conduct a consumer installment loan business shall accept items in pawn and/or for bailment in exchange for cash or other evidence of cash nor shall a consumer installment loan business, as defined herein, except evidence of title or ownership in real property in exchange for cash or evidence of title or ownership in real property in exchange for cash or evidence of cash.
(1960 Code, § 7-24-6) (Ord. 7035, passed 9-17-2007) Penalty, see § 120.99