Chapter 25.1. PRECIOUS METAL AND GEM DEALERS

§ 25.1-6. Prohibited purchases.

Latest version.

(a)

No dealer shall purchase precious metals or gems from any seller who is under the age of eighteen.

(b)

No dealer shall purchase precious metals or gems from any seller who the dealer believes or has reason to believe is not the owner of such items, unless the seller has written and duly authenticated authorization from the owner permitting and directing such sale.

(c)

No dealer shall purchase precious metals or gems without first (i) ascertaining the identity of the seller by requiring an identification issued by a governmental agency with a photograph of the seller thereon, and at least one other corroborating means of identification, and (ii) obtaining a statement of ownership from the seller.

(Ord. No. 3219, 2-28-12, eff. 4-1-12)

(Ord. No. 3219, 2-28-12, eff. 4-1-12)

                    
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