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Unless the context clearly requires otherwise, the following definitions apply to this chapter and other city ordinances which now or hereinafter refer to the terms set forth below:

A. “Melted metals” means metals derived from metal junk or precious metals that have been reduced to a melted state from other than ore or ingots which are produced from ore that has not previously been processed.

B. “Metal junk” means any metal that has previously been milled, shaped, stamped, or forged and that is no longer useful in its original form, except precious metals.

C. “Nonmetal junk” means any nonmetal, commonly described item that is worn out, or has outlasted its usefulness as intended in its original form except nonmetal junk does not include an item made in a former period which has enhanced value because of its age.

D. “Pawnbroker” means every person engaged, in whole or in part, in the business of loaning money on the security of pledges, of personal property, or deposits or conditional sales of personal property, or the purchase or sale of personal property.

E. “Precious metals” means gold, silver, and platinum.

F. “Secondhand dealer” means every person engaged in whole or in part in the business of purchasing, selling, trading, consignment selling or otherwise transferring for value, secondhand property including metal junk, melted metals, precious metals, whether or not the person maintains a fixed place of business within the state. “Secondhand dealer” also includes persons or entities conducting business at flea markets or swap meets more than three times a year.

G. “Secondhand property” means any item of personal property offered for sale that is not new, including metals in any form; provided, however, that “secondhand property” does not include (1) postage stamps, (2) coins that are legal tender, (3) bullion in the form of fabricated hallmarked bars, (4) clothing of a resale value of seventy-five dollars or less, except furs, and (5) used books of a resale value of five hundred dollars or less per transaction.

H. “Transaction” means a pledge, or the purchase of, or consignment of, or the trade of any item of personal property by a pawnbroker or a secondhand dealer from a member of the general public.

I. “Term of the loan” as defined in this chapter shall be set for a period of thirty days to include the date of the loan. (Ord. 2407-99 § 1, 1999; Ord. 1854-92 § 1, 1992; Ord. 1050-84 § 1, 1984.)