PL PACKET 02182003 - Laserfiche WebLink

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D. Required Signage. All licensees shall by adequate signage and separate written notice inform persons seeking to pawn,pledge, sell, leave, or deposit articles of property with the licensee of the foregoing requirements. (1) For the purpose of this subsection, "adequate signage"shall be deemed to mean at least one sign of not less than four(4) square feet in surface area, comprised of lettering of not less than three-quarters (3/4)of an inch in height,posted in a conspicuous place on the licensed premises and stating substantially the following: TO PAWN OR SELL PROPERTY: YOU MUST BE AT LEAST 18 YEARS OF AGE. YOU MUST BE THE TRUE OWNER OF THE PROPERTY. THE PROPERTY MUST BE FREE OF ALL CLAIMS AND LIENS. YOU MUST PRESENT VALID PHOTO IDENTIFICATION. VIOLATION OF ANY OF THESE REQUIREMENTS IS A CRIME. (2) For the purpose of this subsection, "separate written notice"shall be deemed to mean either the receipt,as required in Section 566(12)(E), or a printed form, incorporating a statement to the effect that the person pawning, pledging, selling,leaving, or depositing the article is at least eighteen(18) years of age; is the true owner of the article; and that the article is free of all claims and hens; which is acknowledged by way of signature of the person pawning,pledging, selling, leaving, or depositing the article. E. False Identification. No person seeking to pawn,pledge, sell, leave, or deposit any article of property with any licensee shall give a false or fictitious name;nor give a false date of birth; nor give a false or out of date address of residence or telephone number;nor present a false driver's license or identification card;to any licensee. F. General Restrictions. No pawnbroker licensed under this Section shall: (1) Lend money on a pledge at a rate of interest above that allowed by law; (2) Knowingly possess stolen goods; (3) Sell pledged goods before the time to redeem has expired; (4) Refuse to disclose to the City, after having sold pledged goods,the name of the purchaser or the price for which the item sold; (5) Make a loan on a pledge to a minor. 18