§ 115.03 RECORD OF TRANSACTIONS.
   (A)   Every pawnbroker, secondhand dealer, precious metals and stones dealer, and valuable metals dealer shall keep record and preserve data electronically through a computer data system as stipulated by the Kokomo Police Department.
   (B)   Each record of transaction occurring at the place of business must include:
      (1)   The name, date of birth and address of the seller. If the sale is conducted by an agent of the property owner, the person acting as agent must disclose the name, date of birth and address of both principal and agent;
      (2)   The name, address and phone number of the pawnbroker, secondhand dealer, precious metals and stones dealer and valuable metals dealer;
      (3)   The date of the transaction;
      (4)   The amount of the loan;
      (5)   (a)   The article or articles pledged, a description of the articles to include manufacture’s serial numbers or other identifying insignias. However, if multiple articles of a similar nature that do not contain an identification or serial number (such as precious metals, gemstones, musical recordings, video recordings, books or hand tools) are delivered together in one transaction, the description of the articles is adequate if the description contains the quantity of the articles delivered and a physical description of the type of articles delivered, including any other unique identifying marks, numbers, names, letters or special features;
         (b)   A clear photograph of each article or articles pledged that captures all characteristics of each individual piece including any serial numbers, names, numbers, letters, special features or other unique identifying marks must be taken and preserved electronically through a computer data system as stipulated by the Kokomo Police Department. Any item that contains a manufacturer's serial number must be entered with the correct serial number. If law enforcement finds that an article has been entered incorrectly by the covered business, the store has 24 hours to correct this mistake after notification by law enforcement and hold the item for an additional ten days. This notification will be made in writing which writing includes email;
      (6)   The type of government issued identification used to verify the identity of the seller, together with the name of the governmental agency that issued the identification and the identification number present on the government issued identification. A legible photo copy of the identification must be recorded;
      (7)   The method of recording data must be recorded in electronic or computerized format as established by the Kokomo Police Department. Electronic or computerized data must be preserved by the business on the business premises for a period of two years from the date of the transaction; and
      (8)   Any stolen article located by law enforcement in a place of business operated by a pawnbroker, secondhand dealer, precious metals and stones dealer or valuable metals dealer is subject to confiscation by law enforcement. Law enforcement will provide a written receipt for any confiscated property.
('75 Code, § 14-134) (Am. Ord. 6584, passed 8-10-09; Am. Ord. 6759, As Amended, passed 7-14-14) Penalty, see § 110.99