(A) (1) Articles purchased or exchanged by any person or entity licensed under this subchapter, excepting precious and scrap metal, and shall be retained by the purchaser for at least ten days before disposal or sale of the articles and kept in an accessible place at the business where the articles were purchased or received.
(2) A tag shall be attached to the articles in some visible and convenient place with the number written thereon, corresponding to the entry number on the report required by this subchapter.
(B) Scrap metal (such as aluminum cars, brass, copper and steel) or precious metal purchased by a licensee shall be retained by the licensee for at least 72 hours before disposal.
(C) Any pawned item shall be retained by the licensee according to the timeframes set forth in KRS 226.050 or other applicable state statute.
(D) Licensees shall retain each and every article received by them in the same state or condition in which it was received, and all articles during any one day’s transaction shall be kept separately and shall not be commingled with articles received during any other day’s transactions. Furthermore, all articles shall be made available for examination by officers of the City Code Enforcement Department, City Police Department or any law enforcement officer, when in discharge of his or her official duties, at all reasonable times during the applicable hold period set forth above.
(1984 Code, § 111.155) (Ord. O-1-07, passed 1-23-2007; Ord. O-5-10, passed 2-16-2010)