(A) There shall be an annual license fee of $150 for a pawnbroker’s license, which license fee shall be due and payable on January 1 of each year.
(B) Every person to whom a city license is granted to carry on the business of a pawnbroker shall annually enter into bond to the city, with good and sufficient surety to be approved by City Council, in the penal sum of $1,000. This bond shall be conditioned that he or she will observe the provisions of this chapter and all ordinances and laws in force in the city not inconsistent with this chapter.
(KRS 226.020) (Prior Code, § 112.02)