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24-4-19-19. Retention of Precious Metal Purchases

Sec. 19. (a) A precious metal dealer shall hold each article of precious metal purchased by the precious metal dealer for at least ten (10) calendar days after the date the precious metal dealer purchases the precious metal: (1) at the precious metal dealer’s permanent place of business where the purchase occurred; and (2) separate […]

24-4-19-19. Retention of Precious Metal Purchases

Sec. 19. (a) A precious metal dealer shall hold each article of precious metal purchased by the precious metal dealer for at least ten (10) calendar days after the date the precious metal dealer purchases the precious metal: (1) at the precious metal dealer’s permanent place of business where the purchase occurred; and (2) separate […]

24-4-19-2. “Jewelry”

Sec. 2. As used in this chapter, “jewelry” means personal ornaments made of gold, silver, or platinum that may or may not contain precious, semiprecious, or imitation stones. As added by P.L.222-2013, SEC.3.

24-4-19-2. “Jewelry”

Sec. 2. As used in this chapter, “jewelry” means personal ornaments made of gold, silver, or platinum that may or may not contain precious, semiprecious, or imitation stones. As added by P.L.222-2013, SEC.3.

24-4-19-20. Confidentiality of Records and Information

Sec. 20. (a) Records and information generated by a precious metal dealer in the course of business are confidential under IC 5-14-3-4. (b) A law enforcement officer (as defined in IC 3-6-6-36(a)) may obtain or receive records and information described in subsection (a) relating to the purchase of precious metal for use in investigating crime. […]

24-4-19-20. Confidentiality of Records and Information

Sec. 20. (a) Records and information generated by a precious metal dealer in the course of business are confidential under IC 5-14-3-4. (b) A law enforcement officer (as defined in IC 3-6-6-36(a)) may obtain or receive records and information described in subsection (a) relating to the purchase of precious metal for use in investigating crime. […]

24-4-19-21. Penalty

Sec. 21. A person who knowingly or intentionally violates this chapter commits a Class A misdemeanor. As added by P.L.222-2013, SEC.3.

24-4-19-21. Penalty

Sec. 21. A person who knowingly or intentionally violates this chapter commits a Class A misdemeanor. As added by P.L.222-2013, SEC.3.

24-4-19-3. “Mint Issued Coin”

Sec. 3. As used in this chapter, “mint issued coin” means a coin that: (1) is bought or sold as an investment in a rare or precious metal; (2) has a collectable value greater than the face value of the coin; or (3) is collectable or desirable due to the age, rarity, or condition of […]

24-4-19-3. “Mint Issued Coin”

Sec. 3. As used in this chapter, “mint issued coin” means a coin that: (1) is bought or sold as an investment in a rare or precious metal; (2) has a collectable value greater than the face value of the coin; or (3) is collectable or desirable due to the age, rarity, or condition of […]

24-4-19-4. “Permanent Place of Business”

Sec. 4. As used in this chapter, “permanent place of business” means a fixed premises: (1) owned by a precious metal dealer; or (2) leased by a precious metal dealer for a term of at least twelve (12) months; at which the precious metal dealer purchases or resells precious metal. As added by P.L.222-2013, SEC.3.

24-4-19-4. “Permanent Place of Business”

Sec. 4. As used in this chapter, “permanent place of business” means a fixed premises: (1) owned by a precious metal dealer; or (2) leased by a precious metal dealer for a term of at least twelve (12) months; at which the precious metal dealer purchases or resells precious metal. As added by P.L.222-2013, SEC.3.

24-4-19-5. “Person”

Sec. 5. As used in this chapter, “person” means an individual, a firm, an association, a limited liability company, a partnership, a joint stock association, a trust, or a corporation. As added by P.L.222-2013, SEC.3.

24-4-19-5. “Person”

Sec. 5. As used in this chapter, “person” means an individual, a firm, an association, a limited liability company, a partnership, a joint stock association, a trust, or a corporation. As added by P.L.222-2013, SEC.3.

24-4-19-6. “Precious Metal”

Sec. 6. (a) As used in this chapter, “precious metal” means: (1) used jewelry; and (2) other used articles of personal property that: (A) are made of gold, silver, or platinum; and (B) were previously purchased at retail, acquired by gift, or obtained in some other fashion by a consumer. (b) The term does not […]

24-4-19-6. “Precious Metal”

Sec. 6. (a) As used in this chapter, “precious metal” means: (1) used jewelry; and (2) other used articles of personal property that: (A) are made of gold, silver, or platinum; and (B) were previously purchased at retail, acquired by gift, or obtained in some other fashion by a consumer. (b) The term does not […]

24-4-19-7. “Precious Metal Dealer”

Sec. 7. As used in this chapter, “precious metal dealer” means a person who engages in the business of purchasing precious metal for the purpose of reselling the precious metal in any form. As added by P.L.222-2013, SEC.3.

24-4-19-7. “Precious Metal Dealer”

Sec. 7. As used in this chapter, “precious metal dealer” means a person who engages in the business of purchasing precious metal for the purpose of reselling the precious metal in any form. As added by P.L.222-2013, SEC.3.

24-4-19-8. “Purchase”

Sec. 8. As used in this chapter, “purchase” means to acquire property in exchange for cash, credit, or other valuable consideration. As added by P.L.222-2013, SEC.3.

24-4-19-8. “Purchase”

Sec. 8. As used in this chapter, “purchase” means to acquire property in exchange for cash, credit, or other valuable consideration. As added by P.L.222-2013, SEC.3.