(1) Except as otherwise provided in this chapter, all licensees shall transmit to the sheriff’s office, on a form to be furnished by the sheriff’s office, a transcript of all transactions conducted on the preceding day. This transmittal shall take place within a time specified by the sheriff, provided that the time allowed shall not be less than 24 hours. This information may be transmitted to the sheriff electronically, by facsimile transmission, by delivery of a paper copy, or by other means approved by the sheriff.

(2) Every licensee having reason to believe that any property in his possession is lost or stolen, shall report the fact to the sheriff, together with the name of the owner, if known, the date and the name of the person from whom the property was received. (Added by Ord. 83-156 § 2, Dec. 29, 1983, Eff date Jan. 1, 1984; Amended by Amended Ord. 86-119 § 10, Jan. 7, 1987; Amended by Amended Ord. 94-047 § 8, June 20, 1994, Eff date July 9, 1994; Amended by Ord. 09-013, Mar. 18, 2009, Eff date Mar. 29, 2009).