§ 11-2. Licenses.

(a) Maximum number.

The 45 pawnbroker licenses issued as of May 18, 1994, shall be the maximum number of pawnbroker licenses that may be issued in the City of Baltimore.

(b) Issuance.

After May 18, 1994, the Director of Finance of Baltimore is hereby authorized to transfer licenses under the corporate seal, to such person, firm, or corporation as shall produce to him satisfactory evidence of his, her, their, or its good character, to exercise or carry on the house or business of pawnbrokers, which licenses shall designate the house in which such person, firm, or corporation shall respectively be licensed to carry on the said trade or business.

(c) Fee.

(1) Each person, firm, or corporation receiving the said license shall pay therefor the sum of $2,000 annually.

(2) The annual license fee shall be collectible pursuant to Article 15, Subtitles 46 and 47 of the City Code.

(d) Renewals.

The license granted as aforesaid may be renewed on application to the Director of Finance each and every year on payment of the same sum.

(e) Compliance with zoning and urban renewal laws.

All transfers shall comply with the provisions of Zoning Code of the Baltimore City Code and with any applicable urban renewal ordinance.