2022-07-18 City Code - Laserfiche WebLink

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(1) (a) The statement that ÐAny personal property pledged to a pawnbroker within this state is subject to a sale or disposal when there has been no payment made on the account for a period of not less than 60 days past the date of the pawn transaction, renewal, or extension; no further notice is necessary. (b) There is no obligation for the pledge to redeem pledged goods.Ñ (2) The statement that ÐThe pledger of this item attests that it is not stolen, it has no liens or encumbrances against it, and the pledger has the right to sell or pawn the item.Ñ (3) The statement that ÐThis item is redeemable only by the pledger to whom the receipt was issued, or any person identified in a written and notarized authorization to redeem the property identified in the receipt, or a person identified in writing by the pledger at the time of the initial transaction and signed by the pledger. Written authorization for release of property to persons other than the original pledger must be maintained along with the original transaction record.Ñ (4) A blank line for the pledgerÓs signature. (C) Receipt. A licensed secondhand goods dealer or pawnbroker must provide a receipt to the seller or pledger of any items which includes the name, address, phone number of the business, the date, description of the item purchased and the purchaserÓs signature. Penalty, see § 112.99 Ord. #64, adopted 08/13/1997 § 112.11 STOLEN GOODS; WEAPONS. (A) Stolen goods. A licensed pawnbroker or secondhand goods dealer must report immediately to the police any article pledged or received, or sought to be pledged or received, if the licensee has reason to believe that the article was stolen or lost. If any goods, articles or things shall be advertised in any public newspaper of the city as having been lost or stolen, and the goods, articles or things shall then come into the possession of any licensee, a supplemental report will go into the licenseeÓs daily report for that day to the designated Chief of Police or his or her designee giving information in writing that certain goods, articles or things advertised are in the licenseeÓs possession, and shall not dispose of the same except upon written authority to do so from the Chief of Police or his or her designee. The Police Chief or his or her designee shall have the authority to immediately seize any stolen property. (B) Weapons. A licensed pawnbroker or secondhand goods dealer may not receive as a pledge or otherwise accept for consignment or sale any revolver, pistol, sawed-off shotgun, automatic rifle, blackjack, switchblade knife, throwing stars, nunchakus, martial arts weapons or other similar weapons or firearms. Penalty, see § 112.99 Ord. #64, adopted 08/13/1997 176΋tğŭĻ