§ 111.11 HOLDING PERIOD.
   (A)   Any person licensed as a pawnbroker, who shall purchase any new or secondhand goods of any individuals not engaged in trade, shall keep the same for inspection for ten days from the time of the transfer, except on written release from the Chief of Police or his or her designee. The above-mentioned property shall be held during this period on the licensed premises or some other secure location within the city and shall not be disposed of or altered from the form in which it was received during this period.
   (B)   Any person licensed as a secondhand goods dealer who shall purchase any new or secondhand goods as defined herein of any individual not engaged in trade shall either:
      (1)   Keep the same for inspection for ten days from the time of transfer, except on written release from the Chief of Police or his or her designee. The above-mentioned property shall be held during this period on the licensed premises or some other secure location within the city and shall not be disposed of or altered from the form in which it was received during this period; or
      (2)   Keep the same for three working days, excluding Saturdays, Sundays and calendar holidays, after delivering the required records to the City Police Department. The time period shall begin when said records are delivered to the City Police Department. The above-mentioned property shall be held during this period in the licensed premises or some other secure location within the city and shall not be disposed of or altered from the form in which it was received, except on written release from the Chief of Police or his or her designee.
   (C)   When articles are acquired by a pawnbroker or secondhand dealer in a group, they shall be kept together for identification purposes and not separated until the ten-day period has elapsed, unless released prior on written authorization by the Chief of Police or his or her designee.
(Prior Code, § 6.02.11) (Ord. 591, passed - -; Ord. 731, passed - -) Penalty, see § 111.99