Ind. Code § 25-37.5-1-4

Current through P.L. 171-2024

Section 25-37.5-1-4 - Separation of purchases; inspection

Except as provided in section 5 of this chapter, every valuable metal dealer shall hold each purchase of valuable metal requiring notification for at least five (5) working days from the date of notification:

(1) at the regular place of business of the valuable metal dealer; and

(2) separate and apart, so that it is readily identifiable from all other purchases.

During this period, a valuable metal dealer may not change the form of the valuable metal and shall permit any law enforcement officer to make inspection of the valuable metal purchased.

IC 25-37.5-1-4

Amended by P.L. 224-2013, SEC. 7, eff. 7/1/2013.

(Formerly: Acts1971 , P.L. 380, SEC.1; Acts1972 , P.L. 11, SEC.11.) As amended by P.L. 145-1990, SEC.4.