Every junk dealer, secondhand dealer and pawnbroker shall retain in his or her possession for a period of 30 days, all personal property reported under the provisions of Section 4-9-300 and Section 4-9-305. The 30 day holding period shall commence with the date the copy of the records required to be kept was received by the Chief of Police.
For good cause the Chief of Police may authorize, in writing, the disposition of any personal property prior to the end of the 30 day holding period.
The Chief of Police may place a hold-order upon any personal property, except tangible personal property as defined in Business & Professions Code §21627, for a period of 60 days in addition to the 30 day holding period specified in Section 4-9-400. Such additional hold-order may require the junk-dealer, secondhand dealer or pawnbroker to keep a record of the disposition of such property.