(A) For the purpose of this chapter, the following definitions shall apply unless the context clearly indicates or requires a different meaning.
PAWNBROKER. Any person who engages in the business of loaning money on deposit or pledge of personal property or other thing of value, or who engages in the business of purchasing things of value on condition of reselling the object to the person pledging or selling it at a stipulated price.
(B) Every person engaging in the business of pawnbroker shall execute a bond payable to the city in the penal sum of $1,000, with good and sufficient surety, to be approved by the Clerk-Treasurer and conditioned that the applicant will faithfully observe and conform to all of the regulations and requirements of the city in relation to pawnbrokers and their business.
(C) Every pawnbroker shall keep a record of the goods, articles or things pawned or pledged, giving a full description of them, including the manufacturer, marks, number, brand name, monograms, or letters of any kind on the articles so pawned or pledged; the name and residence address of the person pawning or pledging the goods, article or thing, together with a record of his or her date of birth, social security number, date of sale, and signature of the person pawning or pledging the item or items. The record shall be made as soon as possible after the transaction of pawning or pledging is completed, and in no event shall the entry be delayed longer than one hour after the transaction. No entry in the record shall be obliterated, erased or defaced. The record, as well as every article or thing of value pawned or pledged, shall at all reasonable times be open to inspection by the Police Department.
(D) It shall be the duty of every pawnbroker to prepare, for pickup by the Police Department, the record of the transactions by the business, before noon on Mondays and Wednesdays, a legible, correct and complete copy of the records required by division (C) above of all personal property, valuable articles, or things received or deposited during the preceding days, setting forth the exact day the property or thing of value was received or pawned. A separate report shall be made of each transaction.
(E) No pawnbroker shall take or receive any pawn or pledge for money loaned on property, article or thing of value from any person who is under the age of 18 years. No pawnbroker shall take or receive any article or thing of value in pawn or pledge from any person who is, at the time of offering the article in pawn or pledge, in a state of intoxication.
(Ord. 641, passed 3-21-1988) Penalty, see § 10.99