§ 114.07 REDEMPTION PERIOD.
   Any person pledging, pawning or depositing an item for security must have a minimum of 60 days from the date of that transaction to redeem the item before it may be forfeited and sold. During the 60-day holding period, items may not be removed from the licensed location. Licensees are prohibited from redeeming any item to anyone other than the person to whom the receipt was issued or, to any person identified in a written and notarized authorization to redeem the property identified in the receipt, or to a person identified in writing by the pledger at the time of the initial transaction and signed by the pledger, or with approval of the Chief of Police, or Chief's designee. Written authorization for release of property to persons other than the original pledger must be maintained along with original transaction record in accordance with § 114.04.
(Prior Code, § 33.6) (Ord. 542, passed 3-13-2006) Penalty, see § 114.99