For the purpose of this chapter, the following definition shall apply unless the context clearly indicates or requires a different meaning.
PAWNBROKER. Any person is hereby declared to be a pawnbroker who:
(1) Loans money on deposit or pledge of personal property or other valuable things;
(2) Deals in purchasing of personal property or other valuable things on condition of selling the same back again at a stipulated price; and/or
(3) Loans money secured by chattel mortgage on personal property and by taking possession of the property or any part thereof so mortgaged.
(Prior Code, Ch. 19.1) Penalty, see § 10.99