(a) An application for the license required by § 856.02 shall be made to the Director of Finance and shall set forth the applicant’s name and address, the proposed business location and a statement as to whether or not the applicant has previously acted as a pawnbroker and, if so, the location and dates of operation of such pawnbroker business.
(b) The application for a pawnbroker’s license shall be filed with the Director 30 days prior to the desired date of issuance of such license. If, upon approval of an application, the applicant fails to take out the license applied for within 30 days from or before the desired date of issuance, a penalty of 25 percent shall be added to the fee for the license. If the license is not taken out within 60 days or more from such date, a penalty of 50 percent shall be added.
(c) The Director shall issue a pawnbroker’s license or deny the issuance within 30 days from the date of the application. A license may be issued to any person of good character and having experience and fitness in the capacity involved to engage in the business of pawnbroking as provided in Ohio R.C. 4727.03.
(d) Pawnbroker licenses shall not be transferable and shall expire on June 30 of each year.
(e) The pawnbroker’s license fee shall be one hundred dollars ($100.00) per year.
(f) Pawnbroker licenses issued shall be displayed in a conspicuous place in the place of business of the licensee.