(A) The driver of a vehicle approaching a yield sign erected at those intersections described in Ch. 74, Sch. III hereof, shall, and in obedience to the sign, slow down and yield the right-of-way to any pedestrian crossing the roadway on which he is driving and to any vehicle in movement on the main traveled or through highway or street which is approaching so as to arrive at the intersection at approximately the same time as the vehicle entering the main traveled or through street or highway.
(B) The driver of the vehicle approaching a yield sign, if required to stop, shall stop before entering the crosswalk on the near side of the intersection, or in the event there is no crosswalk at a clearly marked stop line; but if none, then at the point nearest the intersecting roadway where the driver has a view of approaching traffic on the intersecting roadway.
(C) In accordance with the above, and when signs are erected giving notice thereof, drivers of vehicles, when entering designated or main traveled or through streets from intersecting streets in the direction or directions shown, shall yield the right-of-way to approaching pedestrians or vehicles.
(OC, § 7-1-29) Penalty, see § 70.99