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Fridley City Code Section 31.12.04.A. 7. Redemption Period. Any person pledging, pawning or depositing an article for security shall have a minimum of ninety (90) days from the date of that transaction to redeem the article before it may be forfeited and sold. During the ninety (90) day holding period articles shall not be removed from the licensed premises. Licensees are prohibited from redeeming any article of property to anyone other than the person to whom the receipt was issued; or to any person identified in a written and notarized authorization to redeem the article(s) of property identified in the receipt; or to a person identified in writing by the pledgor at the time of the initial transaction and signed by the pledgor; or with the approval of the Public Safety Director. Written authorization for release of articles of property to persons other than the original pledgor must be maintained along with the original transaction record. 8. Holding Period. No article of property pledged, pawned or on deposit for security with any licensee shall be permitted to be redeemed for a period of seventy-two (72) hours from the date of transaction, excluding Sundays and holidays, except upon written authorization of the Public Safety Director. No article of property purchased by a licensee may be sold or otherwise disposed of for thirty (30) days from the date of the transaction except that articles of property for which there exists a valid certificate of title issued by the State of Minnesota, showing ownership and registration by the person from whom the article was received, may be sold or otherwise disposed of ten (10) days from the date of transaction. 9. Police Restrictions on Sale or Redemption. A. Investigative Hold. Whenever a law enforcement official from any agency, acting in the course and scope of his or her duties, notifies a licensee not to sell or permit to be redeemed an article of property in the licensee's possession, the article may not be sold, redeemed or removed from the premises by the licensee. The Investigative Hold shall be confirmed in writing by the originating agency within seventy-two (72) hours and will remain in effect for fifteen (15) days from the date of notification, or until the hold is cancelled, or until a Police Hold is issued pursuant to section 31.12.9.B, or until the article is confiscated, whichever comes first.