A. Definition. The term "money changer" includes all currency exchanges and all businesses, the principal function of which is the exchange of money or checks and the purchase and sale of checks and other exchange, but shall not include banks organized under the laws of the United States or the state.
B. License. No person shall operate the business of a money changer within the Village without a license for such business and payment of the fee required. Application for such license shall be made in writing to the Village Manager and shall state the name of the applicant, the place of business and the number of employees and the character of business to be transacted.
C. Qualifications. The Village Manager shall investigate each applicant. No license shall be issued to a person convicted of larceny, embezzlement or any other offense involving fraud, nor to any person not of good moral character, nor to any person who is not twenty-one (21) years of age or over.
D. Inspections. Members of the Police Department may inspect the premises of any money changer at any time during business hours or while such premises are open and examine the property on such business and shall investigate all complaints involving such business.
(Prior code § 32.07)