Ordinance - #03-50 - 11/25/2003 - Laserfiche WebLink

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age, nor knowingly from persons under the influence of any chemical substance or those of unsound mind. 7.13.09 Hours of Operation. From 9:00 p.m. Saturday to 7:00 a.m. Monday, no property shall be received as a pledge or purchase by any pawnbroker; nor shall any property be sold during said hours by any pawnbroker, nor on any other day before 7:00 a.m., nor on any day after 9:00 p.m. Further, no pawnbroker may be open for business on any legal holiday or on a Sunday. 7.13.10 Verification of Identification of Property. All employees of a pawn shop shall verify the identification information of any pawned property by personal inspection of the property to determine any serial number or other identification information on the property. 7.13.11 Revocation of License. Pursuant to §7.01.08, any violation of the terms of this Section or any provision of the City Code shall be grounds for suspension and/or revocation of the license issued pursuant to this Section. A license may be suspended and/or revoked by the Council only for cause and only after adequate notice to the licensee with the full opportunity for the licensee to be heard. 7.13.12 Receipt Required. Every licensee must provide a receipt to the party identified in every reportable transaction and must maintain a duplicate of that receipt for three (3) years. The receipt must include at least the following information: A. The name, address and telephone number of the licensed business. B. The date and time the item was received by the licensee. C. Whether the item was pawned or sold, or the nature of the transaction. An accurate description of each item received including, but not limited to, any trademark, identification number, serial number, model number, brand name, or other identifying mark on such an item. The signature or unique identifier of the licensee or employee that conducted the transaction. F. The amount advanced or paid. G. The monthly and annual interest rates, including all pawn fees and charges. Ho The last regular day of business by which the item must be redeemed by the pledger without risk that the item will be sold, and the amount necessary to redeem the pawned item on that date. The full name, residence address, residence telephone number, and date of birth of the pledger or seller.