A. Property Of Intoxicated Person Or Thief: No pawnbroker shall take any article in pawn or pledge from any person appearing to be intoxicated, nor from any person known to have been convicted of theft; and when any person is found to be the owner of stolen property which has been pawned, such property shall be returned to the owner thereof, without the payment of the money advanced by the pawnbroker thereon, or any costs or charges of any kind, which the pawnbroker may have placed upon the same.
B. Purchases By Pawnbroker: No pawnbroker shall, under any pretense whatever, purchase or buy any secondhand furniture, metals or clothes or any other article or thing whatever offered to him as a pawn or pledge.
C. Sale Of Property: No personal property received on deposit or pledge or purchased by any pawnbroker shall be sold or permitted to be redeemed or removed from the place of business of such pawnbroker for the space of forty eight (48) hours after the delivery of the copy and statement required by subsection 4-5-8C of this chapter required to be delivered to the chief of police. If the pawner or pledger fails to repay the loan during the period specified on the pawn ticket, the pawnbroker shall automatically extend a grace period of thirty (30) days from the default date on the loan during which the pawnbroker shall not dispose of or sell the personal property pledged. The parties may agree to extend or renew a loan upon terms agreed upon by the parties, provided the terms comply with the requirements of this chapter. (Ord. 1276, 11-2-1999; amd. 2010 Code)