§ 22-136. Definitions.

The following words, terms and phrases, when used in this article, shall have the meanings ascribed to them in this section, except where the context clearly indicates a different meaning:

Dealer in precious metals and gems means:

(1)

Any person engaged in the business of purchasing precious metals or gems or goods made from precious metals or gems from persons or sources other than manufacturers, manufacturer's representatives, or other dealers in precious metals or gems; or

(2)

A person engaged in any other business if, in conjunction with such business, precious metals or gems or goods made from precious metals or gems are purchased from persons or sources other than manufacturers, manufacturer's representatives, or other dealers in precious metals or gems where such purchase is for resale in its original form or as changed by remounting, melting, re-forming, remolding, or recasting or for resale as scrap or in bulk.

Employee means any person employed or allowed to perform duties, whether or not such person receives a salary, wages or other compensation or consideration, but not including the person covered on the license or renewal application.

Gems means any precious or semiprecious stone which is cut and polished.

Goods carries its normal meaning and further it should be construed in the broadest sense allowable and should include all forms of personal property.

Month means that period of time from one date in a calendar month to the corresponding date in the following calendar month.

Numismatic coins means coins whose value as collectors' items exceeds the value of the content of the precious metals in the coins.

Owner means any person or partner or stockholder owning 25 percent or more of a business.

Pawnbroker means any person who is:

(1)

Engaged in whole or in part in the business of lending money on the security of pledged goods;

(2)

In the business of purchasing tangible personal property on the condition that it may be redeemed or repurchased by the seller for a fixed price within a fixed period of time; or

(3)

In the business of purchasing tangible personal property from persons or sources other than manufacturers or licensed dealers as a part of or in conjunction with the business activities described in this paragraph.

(4)

Any business that purchases any used or pre-owned goods or merchandise from persons or sources other than manufacturers, manufacturers' representatives or other dealers of said goods or merchandise.

Pawn transaction means any loan on the security of pledged goods or any purchase of pledged goods on the condition that the pledged goods may be redeemed or repurchased by the pledgor or seller for a fixed price within a fixed period of time or any purchase of used or pre-owned goods or merchandise from persons or sources other than manufacturers, manufacturer's representatives or other dealers of said goods or merchandise.

Person means an individual, partnership, corporation, joint venture, trust, association, or any other legal entity however organized.

Pledged goods means tangible personal property, including without limitation all types of motor vehicles or any motor vehicle certificate of title, which property is purchased by, deposited with, or otherwise actually delivered into the possession of a pawnbroker in connection with a pawn transaction. "Pledged goods" shall not include choses in action, securities, or printed evidences of indebtedness.

Precious metals means gold, silver, or platinum or any alloy containing gold, silver or platinum.

(Ord. No. 03-2007, § 1, 2-26-07; Ord. No. 02-2009(2), § 1(Exh. A), 5-11-09)