(a) When a police officer has reasonable cause to believe that regulated property offered for sale is stolen or has had the manufacturer’s identification number or any other identifying mark removed, defaced, or altered, the chief may place a hold notice upon the property.
(b) All regulated property upon which a hold notice has been placed must be held by the dealer at the dealer’s local place of business for 60 calendar days, unless released sooner by the chief. After 60 calendar days with no disposition of the property by the chief, the hold is automatically released, and the dealer may dispose of the property. (Ord. Nos. 15064; 18892; 20241; 21310)