No person shall carry on the business of pawnbroker
in the City without first having obtained a license as provided herein,
and such person shall be subject to all the provisions of this article
and to Article 5 of the General Business Law.
[Amended 8-5-1992 by L.L. No. 3-1992; 9-6-1996 by L.L. No. 5-1996; 11-3-2021 by L.L. No. 2022-07]
The City Manager or their designee shall grant and revoke licenses
at his/her discretion in accordance with the provisions of this article
and Article 5 of the General Business Law and shall require at all
times such data and information as may, in his/her opinion, be necessary
to fully carry out the intent and purpose of this article.
[Amended 8-5-1992 by L.L. No. 3-1992; 9-6-1996 by L.L. No. 5-1996; 11-3-2021 by L.L. No. 2022-07]
Applications for licenses shall be made to the City Manager
or designee in such form as he/she may prescribe and must be accompanied
by:
A. Satisfactory testimonials of the good moral character of the applicant.
B. Cash or a certified check for the license fee in the amount fixed
by this article.
C. Such other and additional information that the appropriate officer
deems necessary or appropriate.
The license fee shall be $100 per annum, and
the license shall expire one year from the date thereof.
No license shall authorize the operation of
more than one place for the transaction of business.
Before a license shall be issued, a bond in
the penal sum of $10,000, as required by § 41 of the General
Business Law, shall be filed.
Every person licensed under this article shall
be subject to all of the provisions of Article 5 of the General Business
Law, including but not limited to § 51 thereof relating
to suspension or revocation of licenses and the imposition of fines
and penalties.
[Added 8-5-1992 by L.L. No. 3-1992]
Any person violating any provision of this article shall be punishable as provided in Chapter
1, General Provisions, Article
I, Penalties, of this Code.