(a) Whenever a police officer has reasonable cause to believe that certain items of regulated metal property in the possession of a secondary metals recycler are stolen, the chief may issue a hold notice. The hold notice must:
(1) identify those items of regulated metal property alleged to be stolen and subject to hold; and
(2) inform the secondary metals recycler of the restrictions imposed on the regulated metal property under Subsection (b) of this section.
(b) A secondary metals recycler may not, for 60 days after the date of receiving a hold notice under this section, process or remove from the secondary metals recycler’s place of business any regulated metal property identified in the hold notice, unless the property is released sooner by the chief or by order of a court of competent jurisdiction. At the expiration of the hold period, the hold is automatically released, and the secondary metals recycler may dispose of the regulated metal property unless otherwise directed by a court of competent jurisdiction. (Ord. Nos. 20260; 22958; 26537; 27202; 27249)