(A) No person, partnership, association or corporation shall engage or continue in business as a pawnbroker except as authorized by this chapter and without first obtaining a license from the Town Clerk-Treasurer. Application for such license shall be in writing and shall state the full name and place of residence of the applicant, or if the applicant is a partnership, the full name and place of residence of each member thereof, or, if a corporation or association, the full name and place of residence of each officer thereof, together with the place or places where the business is to be conducted. Applications shall include a copy of the following: completed application for the state's pawn broking license submitted to the state's Department of Financial Institutions; and state pawn broking license.
(B) All applicants shall, as a condition for the granting of a license and on a portion of the application provided by the Town Clerk-Treasurer, agree that in the event the applicant as licensee receives merchandise of any kind which is stolen, he or she claims no right, title or interest in and to said merchandise, and that upon request by law enforcement officer having probable cause to believe that the merchandise is stolen, he or she will voluntarily surrender the merchandise to the possession of that law enforcement agency when given a receipt for the same.
(C) All applications shall be accompanied by a fee of $50 for each place of business conducted by the licensee. Licensees must submit an application and fee, annually, by January 1 of each year to the Town Clerk-Treasurer. All license fees and monies collected as penalties for violations under § 111.99, below, shall be deposited in the town's General Fund.
(Ord. 2013-12, passed 11-12-2013)