[Code 1985 § 26-51; Code 2005 § 90-61]
The following words, terms and phrases, when used in this division, shall have the meanings ascribed to them in this section, except where the context clearly indicates a different meaning:
PAWN TRANSACTION
The act of lending money on the security of pledged goods or the act 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.
PAWNBROKER
A person engaged in the business of making pawn transactions.
PAWNSHOP
The location at which or premises in which a pawnbroker regularly conducts business.
PLEDGED GOODS
Tangible personal property other than choses in action, securities of printed evidences of indebtedness, which property is deposited with or otherwise actually delivered into the possession of a pawnbroker in the course of his business in connection with a pawn transaction.
[Code 1974 § 5-73; Code 1985 § 26-52; Code 2005 § 90-62; amended at adoption]
A. 
Pawnbrokers shall pay to the City an annual regulatory fee in an amount as established by resolution not to exceed $50 per annum.
B. 
Any person, association or corporation who shall fail to pay the regulatory fee establish by resolution as provided in Subsection A above, shall be guilty of a misdemeanor and, shall upon conviction, be fined not less than $50 nor more than $200 for each violation of this section.
[Code 1974 § 5-74; Code 1985 § 26-53; Code 2005 § 90-63]
Each applicant for a pawnshop license at the time of filing application shall file with the City Clerk a bond satisfactory to him and in the amount of $5,000 for each license with a surety company qualified to do business in this state. The bond shall run to the City for the use of the City and of any person or persons who may have cause of action against the obligor of such bond under the provisions of this chapter. Such bond shall be conditioned that the obligor will comply with the applicable provisions of this chapter and of all applicable rules and regulations lawfully made by the City Clerk under this chapter, and will pay to the City and to any such person or persons any and all amounts of money that may become due or owing to the City or to such person or persons from such obligor under and by virtue of the provisions of this chapter during the time such bond is in effect.
[Code 1974 §§ 5-75(a), 5-76, 5-77; Code 1985 § 26-54; Code 2005 § 90-64]
A. 
Any pawnbroker shall make available a copy or report within three days of any buy transaction to the police department; provided merchandise bought on invoice from a manufacturer or wholesaler with an established place of business is exempt from this reporting requirement. However, such invoice shall be shown upon request to the City Clerk or his duly authorized representative or any authorized peace officer. The copy or report shall include:
(1) 
The name and address of the pawnshop;
(2) 
The name, address, race, sex, weight, height, date of birth and either identification number of the seller as verified by a state-issued identification card, driver license or federal government-issued identification card or by readable fingerprint of right or left index finger on the back of the pawn or buy transaction copy to be retained for the pawnbroker's record;
(3) 
The buy transaction number;
(4) 
The date and time of the transaction;
(5) 
The manufacturer of the item;
(6) 
A description of the item; and
(7) 
The serial number and model number where available and any other identifying markings.
B. 
Items bought, except on invoice from a manufacturer or wholesaler with an established place of business, shall be held for 10 days before being disposed of or sold.
C. 
Any pawnbroker shall make available a copy or report within three days of any pawn transaction to the police department. The copy or report shall include:
(1) 
The name and address of the pawnshop;
(2) 
The name, address, race, sex, weight, height, date of birth and either identification number of the person making the pawn transaction with the pawnshop as verified by a state-issued identification card, driver license or federal government-issued identification card or by readable fingerprint of right or left index finger on the back of the pawn or buy transaction copy to be retained for the pawnbroker's record;
(3) 
The pawn transaction number;
(4) 
The date and time of the transaction;
(5) 
The manufacturer of the item;
(6) 
A description of the item; and
(7) 
The serial number and model number where available and any other identifying markings.
D. 
The pawnbroker shall obtain a written declaration of ownership from the seller or pledgor on all buy and pawn transactions, except refinance pawn transactions or merchandise bought from a manufacturer or wholesaler with an established place of business. The seller or pledgor shall be required to state how long he has owned the property described in the transaction. The declaration of ownership shall appear on the bill of sale or pawn ticket, to be completed by the seller or the pledgor at the time of the transaction.
[Code 1974 § 5-75(b); Code 1985 § 26-55; Code 2005 § 90-65]
To the person negotiating or leaving such property with him, a pawnbroker shall give a plainly written or printed ticket, having upon it a full and perfect copy of all the entries required by Subsection 6-55 A or C as the case may be, for which copy no charge shall be made.
[Code 1974 § 5-77; Code 1985 § 26-56; Code 2005 § 90-66]
A pawnbroker shall, upon request, show and exhibit to such person or officer for inspection any article or articles purchased, taken or received by him, unless the time of the pledge has expired and the goods sold and delivered to the purchaser.
[Code 1974 § 5-80; Code 1985 § 26-1; Code 2005 § 90-67]
A pawnbroker shall not accept a pledge, or purchase property, from a person, male or female, under the age of 18 years.