§ 14-166. Definitions.

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

Pawnbroker. Any person who loans money, the payment of which is secured by a security interest in tangible personal property, the physical possession of which is delivered into the hands of the lender at the time of the making of the loan, or who deals in the purchase of tangible personal property, on condition of selling the same back again at a stipulated price.

Secondhand dealer. Any person holding a license who regularly deals in the purchase of tangible personal property which is not new, or purchased when new from any other than a regular dealer.

(Ord. No. 10752, § 1, 1-19-87; Ord. No. 11950 § 1, 2-7-2011)

Cross reference

Definitions and rules of construction generally, § 1-2.