§ 15-139. Dealer to retain purchases.  


Latest version.
  • (a)

    The dealer shall retain all precious metals or gems purchased or given as security for a loan for a minimum of 15 calendar days from the time of filing the bill of sale with the chief of police. During such period of time the dealer shall not sell, alter or dispose of any item containing precious metals or gems, in whole or in part, or remove such items from the county.

    (b)

    Each dealer shall keep and maintain for at least 24 months after the waiting period required by subsection (a), an accurate and legible record of the name and address of the person to whom he sells any precious metal or gem in its original form. This record shall also show the name and address of the seller or borrower from whom the dealer obtained such item, including the information required by section 15-137.

    (Code 1978, § 7.01-9; Ord. of 7-25-12, § (2); Ord. of 8-28-13(2), § 1)

(Code 1978, § 7.01-9; Ord. of 7-25-12, § (2); Ord. of 8-28-13(2), § 1)