(A)   It shall be unlawful for any pawnbroker to charge or collect a greater benefit or percentage upon money advanced and for the use and forbearance thereof than the rate of 3% per month. Nothing in this section shall be construed so as to conflict with the law pertaining to usury; and the person receiving money so advanced may hold such monies to pay any fees in addition to interest as herein provided.
   (B)   Each pawnbroker may contract for and receive fees in addition to interest authorized by this section, as set forth herein, for investigating title, storage, and insuring the collateral, closing the loan, making daily reports to local law enforcement officers, and for other expenses and losses of every nature whatsoever and for all other services. The fees, when made and collected, shall not be deemed interest for any purpose of law.
   (C)   Every pawnbroker, when making a loan under this section, shall be entitled to charge and collect one time fees in the amounts authorized by state law.
   (D)   Every pawnbroker shall at all times have and keep the above subsections printed in the English language, framed and posted in a prominent and conspicuous position in his or her place of business, so that the provision of this chapter shall be plainly legible and visible to all persons depositing or pledging property with the pawnbrokers.
(Ord. 2033, passed 4-21-2011)  Penalty, see § 122.99