§ 11-220. Definitions.

Definitions. As used in this article, the following terms shall have the following meanings ascribed to them:

Chief of police means the Chief of Police of the City of Myrtle Beach or his designated representative.

Law enforcement officer means a law enforcement officer having jurisdiction within the corporate limits of the city.

Pawn transaction means the pledging with a pawnbroker under this chapter of a single item of goods or tangible personal property as security for a loan of money. Items that are usually sold as a set are considered a single item and must be included in the same transaction, and a pledged item together with items that are accessories to the pledged item are considered a single item and must be included in the same transaction. A separate pawn transaction retains its separate character when it is renewed, unless the parties agree otherwise.

Pawnbroker means any person engaged in the business of lending money on the security of pledged goods, or engaged in the business of purchasing tangible personal property on condition that it may be redeemed or repurchased by the seller for a fixed price within a fixed period of time.

Pawnshop means the location at which or premises in which a pawnbroker regularly conducts business.

Person means an individual, partnership, corporation, joint venture, trust, association, or any other legal entity however organized.

Personal identification card means a current valid driver's license or identification card issued by the South Carolina Department of Highway Safety and Motor Vehicles, or a similar current valid card issued by another state, a military identification card, a passport, or an appropriate work authorization issued by the United States Immigration and Naturalization Service.

Pledged good means tangible personal property other than choses in action, title, securities, or printed evidences of indebtedness, which property is deposited with or otherwise actually delivered into the possession of a pawnbroker in the course of his business in connection with a pawn transaction.

Regulated property means property of a type that has been determined by the police to be property that is frequently the subject of theft, including new items as well as used items.

(Ord. No. 2012-43, § 2, 7-10-12)