Huntington Park Municipal Code Art. 14 Loan Companies

It shall be unlawful for any person, whether as principal, agent, clerk, or employee, for himself or herself, or for any other person, or for any body corporate, or as an officer of any corporation, or otherwise, to commence or carry on the business, profession, or occupation of loaning money, either for himself or herself or for any other person, upon personal security, assignment of salary, salary warrants, salary demands, or any personal property, or purchasing for himself or herself or for any other person commercial paper, evidence of debt, assignments of salary, salary warrants, salary demands, time checks, or other evidences of salaries due or to become due without having first procured a license from the City so to do.

(§ I, Ord. 755)

License taxes for persons engaged in the business of loaning money shall be as set forth in Section 3-1.206 of Article 2 of this chapter and shall be payable as set forth in Section 3-1.115 of Article 1 of this chapter.

(§ II, Ord. 755, as amended by § 1, Ord. 792)

A separate license shall be obtained for each branch establishment or separate place of business in which the licensee is doing business pursuant to the provisions of this article, and such license shall authorize the licensee to carry on such business only at the location or place of business which is indicated thereon.

(§ III, Ord. 755)

The provisions of this article shall not apply to the holder of a pawnbroker's license or to any person conducting a banking business under the laws of the State.

(§ IV, Ord. 755)