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Said bond must be conditioned that the licensee shall observe the ordinances of the City, in relation to the business of pawnbroker, and that the licensee will account for and deliver to any person legally entitled thereto any articles which may have come into the possession of the licensee as pawnbroker or in lieu thereof such licensee shall pay the person or persons the reasonable value thereof. 724.16 - PERSONS AND PLACES INELIGIBLE FOR LICENSE 1. Individuals Ineliqible. No license under this Section shall be issued to an applicant who is a natural person if such applicant: A. Is not eighteen (18) years of age or older on the date the license application is submitted to the Issuing Authority; B. Has been convicted of any crime directly related to the occupation licensed as prescribed by Minnesota Statutes, Section 364.03, subdivision 2, and has not shown competent evidence of sufficient rehabilitation and present fitness to perform the duties of a pawnbroker as outlined in this Section and as prescribed by Minnesota Statues, Section 364.03, subdivision 3; C. Is not a citizen of the United States or a resident alien, or is legally prohibited from working in the United States; D. Is not of good moral character or repute; E. Holds an intoxicating liquor license issued by the City of Elk River; F. Has knowingly falsified or misrepresented information on the license application; G. Is not the real party in interest in the business being licensed; or H. Owes taxes or assessments to the State, County, School District, or City that are due and delinquent. Partnership Ineliqibility. No license under this Section shall be issued to an applicant that is a partnership if such applicant has any general partner or managing partner;