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 from other precious metal.
(b) During the ten (10) calendar days that the precious metal dealer must hold precious metal under subsection (a), the precious metal dealer:
(1) may not change the form of the precious metal; and
(2) shall allow a law enforcement officer to inspect the precious metal.
As added by P.L.222-2013, SEC.3.
Structure Indiana Code
Article 4. Regulated Businesses
Chapter 19. Precious Metal Dealers
24-4-19-4. "Permanent Place of Business"
24-4-19-7. "Precious Metal Dealer"
24-4-19-11. Purchase or Resale of Precious Metal
24-4-19-12. Permanent Place of Business Requirement
24-4-19-13. Registration Requirement; Secretary of State; Local Law Enforcement Agencies
24-4-19-14. Seller Identification; Photograph of Precious Metal
24-4-19-15. Books, Accounts, and Records
24-4-19-16. Precious Metal Purchases Reported to Law Enforcement Agencies
24-4-19-17. Examination of Records and Information by Law Enforcement Agencies
24-4-19-18. Prohibited Precious Metal Purchases
24-4-19-19. Retention of Precious Metal Purchases