(a) The deposit referred to in Section 729.08 shall be held by the Recorder subject to attachment and execution on behalf of creditors whose claim arise in connection with the business conducted with the itinerant vendor making the deposit in question within the City and to the payment of all fines and penalties incurred by and imposed upon such itinerant vendor for any violation of the provisions of this article, as well as for any unpaid taxes laid or charged by any proper authority upon such goods, wares and merchandise, and such deposit or any remaining portion thereof, shall not be paid to such itinerant vendor until all such outstanding claims or notices of claims, fines and penalties, which have been presented within thirty days after he ceases to do business, are settled in full.
(b) The deposit referred to in Section 729.09 shall be held by the Recorder for the period of thirty days after the itinerant vendor making such deposit ceases to do business within the City and, after satisfying all claims which shall be made against him under Section 729.09, the Recorder shall return such deposit, or such portion thereof as remains in his hands, to the itinerant vendor in question.
(1965 Code Secs. 17-9, 17-10.)