Section
117.01 Pawnbroker defined
117.02 License required; fee; eligibility
117.03 Application for license
117.04 Investigation by police
117.05 Bond required
117.06 Contents of license; one location only
117.07 Display of license
117.08 Pawn tickets to be furnished; separate ticket for each item
117.09 Records to be kept
117.10 Daily report to police
117.11 Safekeeping of pledges and items purchased for resale
117.12 Forfeiture of pawn
117.13 Disposal of goods during redemption period restricted
117.14 Employment of minors prohibited
117.15 Transactions with minors, intoxicated persons, narcotics addicts, and felons
For the purpose of this chapter, the following definition shall apply unless the context clearly indicates or requires a different meaning.
PAWNBROKER. Any person who loans money on deposit of personal property or deals in the purchase or possession of personal property on condition of selling the same back to the pledger or depositor, or who loans or advances money on personal property by taking mortgage security thereon, and takes or receives such personal property into his or her possession.
(Prior Code, § 9-501)
Statutory reference:
State regulations, see 59 O.S. §§ 1501 et seq.
No person shall conduct or transact a pawnbroking business or pawnshop in the city without first having procured a license therefor as hereinafter provided. The fee for such license shall be as provided in the fee schedule. No license shall be issued to any person whose license has been revoked under the provisions of this chapter for a period of one year after the date of revocation. No person who has been convicted of a felony shall be eligible to receive such license at any time.
(Prior Code, § 9-502) Penalty, see § 110.99
(A) Application for a pawnbroker’s license shall be made to the city. The application shall state the name of the person, and in case of a firm or corporation, the names of the persons comprising such firm, or the officers and stockholders of such corporation; also the place, street, and number where such business is to be carried on; and such other information as may be deemed pertinent by the licensing officer or the Chief of Police.
(B) At the time of filing the application for a pawnbroker’s license, the applicant shall deposit with the city the fee required for the license.
(Prior Code, § 9-503)
All applications for pawnbrokers’ licenses or renewals thereof shall be referred to the Chief of Police, or his or her authorized representative, for his or her approval. In no case shall a license be issued or renewed by the city when the application has been disapproved by the Chief of Police. An application or renewal which is disapproved by the Chief of Police may be submitted for appeal and final action at the next regular Council meeting if the applicant files a written request for such appeal with the City Clerk within ten days after the Chief renders his or her decision.
(Prior Code, § 9-504)
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