(A) Every secondhand or junk dealer shall retain in his or her possession for a period of 30 days, all tangible personal property reported under the provisions of this chapter. The 30-day holding period with respect to such tangible personal property shall commence with the date the report of its acquisition was made to the Chief of Police by the secondhand dealer or junk dealer. The Chief of Police may for good cause, as specified by the Department of Justice, authorize prior disposition of any such property described in a specific report; provided that a secondhand dealer or junk dealer who disposes of tangible personal property pursuant to such authorization, shall report the sale thereof to the Chief of Police.
(B) Every secondhand dealer or junk dealer shall report daily, or on the first working day after receipt for purchase of tangible personal property, on forms prescribed or provided by the Department of Justice, all tangible personal property which he or she has purchased, taken in trade, taken in pawn, accepted for sale on consignment, or accepted for auctioning, to the Chief of Police in accordance with the provisions of this chapter and the provisions of Cal. Business and Professions Code § 21628.
(`83 Code, § 5.56.080) (Ord. 82-56 § 4, 1982)