(A) Any person pledging, pawning, or depositing an item for security must have a minimum of 60 days from the date of that transaction to redeem the item before it may be forfeited and sold. During the holding period, items may not be removed from the licensed location except as provided in § 111.43. Licensees are prohibited from redeeming any item to anyone other than the person to whom the receipt was issued or, to any person identified in a written and notarized authorization to redeem the property identified in the receipt, or to a person identified in writing by the pledger at the time of the initial transaction and signed by the pledger, or with approval of the police license inspector. Written authorization for release of property to persons other than original pledger must be maintained along with original transaction record in accordance with § 111.33(I).
(B) Pawnbroker must return goods, or provide compensation for lost or damaged goods, upon payment of the full amount due, unless:
(1) The 60-day redemption period has expired; or
(2) The goods have been taken into custody by a court or by a law enforcement officer or agency.
(Prior Code, § 3-15-12) (Ord. 542, passed 1-9-2012)