(A) It is unlawful for any person to engage in the business as a pawnbroker unless the person has a valid license authorizing engagement in the business. Any pawn transaction made without benefit of a license is void.
(B) A separate license is required for each place of business. The city may issue more than one license to a person if that person complies with this chapter for each license.
(C) No expiration, revocation, suspension, or surrender of any license shall impair, or affect, the obligation of any pre-existing lawful contract between the licensee and any pledgor.
(D) The Chief of Police shall be notified by the city of any licensee whose license has expired, or been surrendered, suspended, or revoked, as provided by this chapter.
(Prior Code, § 6.31) Penalty, see § 10.99