A. All pawnbrokers who purchase from a customer articles of personal property and goods are required to hold said personal property for a period of 30 days from the date of purchase before offering for sale or selling said personal property and goods.

B. Any person who sells personal property and goods to a pawnbroker as set forth in subsection (A) of this section shall be entitled to rescind said sale within a period of 10 days of the sale by tendering to the pawnbroker the full amount of the purchase price, plus interest charges as provided in LMC 5.16.060.

C. Violation of this section by any pawnbroker or pawnbroker employee is a misdemeanor. (Ord. 3343 § 1 (Exh. A), 2019; Ord. 3253 § 2 (Exh. B), 2017; Ord. 2559 § 9, 2005; Ord. 736 § 1, 1974)