Sponsor
Alders Helding and Kaprelian-Becker
Title
Ordinance 03-13
To recreate the following sections of the Municipal Code of the City of Racine, Wisconsin relating to Secondhand Dealers and Pawnbrokers licenses.
The Common Council of the City of Racine, Wisconsin, do ordain as follows:
Part 1: In Sec. 22-891 - Pawnbrokers and secondhand article and jewelry dealers, repeal and recreate sections (a) through (k) of section (2) Definitions as follows:
“The following definitions apply to this Section:
(a) Antique dealer means a person, other than a nonprofit organization, who is engaged in the business of selling or purchasing used home furnishings. Antique dealers are subject to the requirements set forth in Wisconsin Statute section 134.695 and codified in section 22-891(10) below.
(b) Article means any item of value except jewelry as defined below.
(c) Billable Transaction means every reportable transaction conducted by a pawnbroker and secondhand article and jewelry dealer except renewals, redemptions, voids, confiscations, or extensions of existing pawns or purchases previously reported and continuously in the licensee’s possession.
(d) Charitable Organization means a corporation, trust, or community chest, fund, or foundation organized and operated exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals, no part of the net earnings of which inures to the benefit of any private shareholder or individual.
(e) Customer means a person with whom a pawnbroker, secondhand article dealer or secondhand jewelry dealer or an agent thereof engages in a transaction of purchase, sale, receipt or exchange of any secondhand article or secondhand jewelry.
(f) Display of license. Each license issued under this chapter shall be displayed in a conspicuous place visible to anyone entering a licensed premise.
(g) Jewelry means any tangible personal property ordinarily wearable on the per...
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