(A) Every pawnbroker shall keep a book in which shall be recorded, legibly in ink, at the time of making each loan, an accurate account and description in the English language of the goods, articles, or things pawned or pledged, the amount of money loaned thereon, the time of pledging the same, the rate of interest to be paid on the loan, the name and residence address of the person pawning or pledging the goods, articles, or things; the facts showing whether the pledge is made by a person acting as agent for a disclosed principal and, if so, the names and addresses of principal and agent; the age, color, height, weight, complexion, and style of dress of the person pawning the article and the serial number of the loan.
(B) In a separate book, the pawnbroker shall record, in ink, all sales or redeemed pledges showing the number, date, amount, and duration of each loan, the date of the sale, the amount realized from the sale of the collateral, the amount charged to the pledger as interest, commission, and expenses of sale, the amount of the surplus or deficit, as the case may be, the date on which and the person to whom the surplus, if any, was paid.
(C) In no event shall any required entry be delayed longer than one hour after the transaction, and no entry in the records shall be obliterated, erased, or defaced.
(D) The records, as well as every article or thing of value pawned or pledged, shall at all reasonable times be open to the inspection of the Chief of Police or his or her duly appointed agent.
(Prior Code, § 120.036) Penalty, see § 117.999