For the purpose of this Article, the following terms, phrases
and words shall have the following meanings unless otherwise indicated
by context:
PAWNBROKER
Any person engaged in the business of lending money on the
security of pledged goods or engaged in the business of purchasing
tangible personal property on condition that it may be redeemed or
repurchased by the seller for a fixed price within a fixed period
of time.
PAWNSHOP
The location at which, or premises in which, a pawnbroker
regularly conducts business.
PERSON
An individual, partnership, corporation, limited liability
company, joint venture, trust, association or any other legal entity
however organized.
PERSON OF GOOD MORAL CHARACTER
A person who has not been convicted of any State, Federal
or municipal offense involving drugs or narcotics, robbery, burglary,
theft, stealing, receiving stolen property, embezzlement, extortion,
forgery, gambling, bribery, perjury, any weapons offense or any crime
of violence.
PLEDGED GOODS
Tangible personal property other than choses in action, securities
or printed evidence of indebtedness, which property is deposited with,
or otherwise actually delivered into the possession of, a pawnbroker
in the course of his or her business in connection with a pawn transaction.
SECURED PERSONAL CREDIT LOAN
Every loan of money made in this City, the payment of which
is secured by a security interest in tangible personal property which
is physically delivered into the hands of the lender at the time of
the making of the loan and which is to be retained by the lender while
the loan is a subsisting obligation.
[R.O. 2011 §5.60.090; Prior Code §18-135; Ord. No. 5225 §1, 5-12-1980]
No pawnbroker, at any time, shall receive by way of pledge or
pawn any goods, articles or things whatever from a person under the
age of eighteen (18) years.
[R.O. 2011 §5.60.100; Prior Code §18-136; Ord. No. 5225 §1, 5-12-1980]
No pawnbroker shall receive by way of pledge or pawn any goods,
articles or things whatever from any person between the hours of 8:00
P.M. and 7:00 A.M.
Any person operating a pawnshop without a license or otherwise in violation of the standards and requirements provided herein shall be guilty of a violation of this Section and, upon conviction thereof, shall be punished as provided in Section
100.190 of the University City Municipal Code.