For the purpose of this chapter, the following definition shall apply unless the context clearly indicates or requires a different meaning.
PAWNBROKER.
(1) Any person who:
(a) Loans money on deposit or pledge of personal property, or other valuable things;
(b) Deals in the purchasing of personal property or other valuable things, on condition of selling the same back again at a stipulated price; or
(c) Loans money, secured by chattel mortgage, or security agreement on personal property, taking possession of the property or any part thereof so mortgaged.
(2) The term PAWNBROKER shall include within its meaning a corporation or partnership or other association.
(Ord. 85-2, passed 9-25-1985)