Title 5 BUSINESS TAXES, LICENSES AND REGULATIONS
Chapter 5.44 PAWNBROKERS
5.44.080 Pawn ticket.
A. Every pawnbroker shall at the time of each pawn
transaction deliver to the person pawning any good, a ticket signed by the
pawnbroker containing the substance of the entry required to be made in his
report pursuant to Section 5.44.070.
B. The holder of such ticket shall be presumed to be the
person entitled to redeem the pledge and the pawnbroker shall deliver such
article to the person so presenting such ticket on payment of principal and all
lawful charges.
C. The pawn ticket required by this section shall further
contain all disclosures of credit terms required to be disclosed to the pledgor
by the federal Truth in Lending Act. (Ord. 1267-85 § 8, 1985).
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