24-4-20-2. Temporary Registration Issuance
Sec. 2. The secretary may issue a temporary registration in accordance with this chapter to a foreign entity that: (1) wishes to sell precious metals bullion or currency at a trade fair or coin show in Indiana; (2) is not otherwise lawfully authorized to conduct business in Indiana; and (3) complies with requirements of this […]
24-4-19-15. Books, Accounts, and Records
Sec. 15. (a) A precious metal dealer shall keep and use in the precious metal dealer’s business the books, accounts, and records necessary to determine whether the precious metal dealer is complying with this chapter. (b) A precious metal dealer shall preserve the books, accounts, and records, including cards used in the card system, for […]
24-4-20-3. Temporary Registration Expiration
Sec. 3. A temporary registration issued under this chapter expires not later than twenty-eight (28) days after the date on which the temporary registration is issued. As added by P.L.195-2016, SEC.2. Amended by P.L.85-2017, SEC.92.
24-4-19-16. Precious Metal Purchases Reported to Law Enforcement Agencies
Sec. 16. (a) Each day a precious metal dealer purchases precious metal at a permanent place of business, the precious metal dealer shall report the information described in section 15(d) of this chapter concerning the precious metal to a law enforcement agency as follows: (1) If the permanent place of business is located in a […]
24-4-20-4. Requirements for a Temporary Registration
Sec. 4. A foreign entity that wishes to obtain a temporary registration to sell precious metals bullion or currency at a trade fair or coin show in Indiana under this chapter must do the following: (1) Submit an application to the secretary in the form and the manner prescribed by the secretary. (2) Pay a […]
24-4-19-17. Examination of Records and Information by Law Enforcement Agencies
Sec. 17. (a) A precious metal dealer shall make the records and information under section 15 of this chapter available for examination upon the request of a law enforcement agency (as defined in IC 10-13-3-10). (b) The law enforcement agency under subsection (a) shall determine if: (1) the records are sufficient; and (2) the precious […]
24-4-20-5. Contract Requirements
Sec. 5. A foreign entity registered under this chapter is entitled to sell precious metals bullion and currency at a trade fair or coin show in Indiana during the term of the temporary registration if the contract: (1) is for the purchase of precious metals bullion or currency; (2) requires physical delivery of the quantity […]
24-4-19-18. Prohibited Precious Metal Purchases
Sec. 18. A precious metal dealer may not purchase precious metal: (1) from an individual less than eighteen (18) years of age; or (2) that the precious metal dealer believes or should have reason to believe is stolen property acquired as a result of a crime. As added by P.L.222-2013, SEC.3.
24-4-20-6. Foreign Entity Requirements
Sec. 6. A foreign entity may not sell precious metals bullion or currency at a trade fair or coin show in Indiana unless the foreign entity: (1) registers with the secretary of state under this chapter; or (2) is otherwise authorized to conduct business in Indiana. As added by P.L.195-2016, SEC.2.
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 […]