§ 5.44.040. Pawnbroker—Bond required.

Latest version.

No person shall engage in business as a pawnbroker without having executed and delivered a bond to the city in the sum of five thousand dollars. The bond shall be in a form approved by the city and shall be conditioned upon the conduct of the pawnbroker's business according to the provisions of this chapter and the Pawnbrokers Act. The bond shall be for the benefit of each and every person damaged by a breach of any condition set forth in the bond. Every pawnbroker shall provide the city with thirty days' notice in writing of the cancellation of the bond.

(Ord. 1267-85 § 4, 1985).

                    
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