§ 54-64. Statement of ownership to be obtained from sellers; contents.  


Latest version.
  • (a)

    It shall be the duty of any precious metal or gem dealer to obtain from the seller a written statement of ownership as set forth by the police department. The statement shall be signed by the seller and delivered to the chief of police within 24 hours, attached to the record of purchase as provided for in section 54-65. It shall contain the following information:

    (1)

    The name, address, telephone number and place of employment of the owner of each item, and the seller, if different from the owner.

    (2)

    The conditions under which each item to be sold came into the seller's possession, including where, when and from whom each item was obtained.

    (3)

    A statement that the seller, if other than the owner, has the owner's permission to sell the precious metals or gems.

    (4)

    The signature of the seller declaring the statement to be true.

    (5)

    A statement of the amount received for each item.

    (b)

    It shall be unlawful for any person to falsify or provide false information in the statement of ownership.

    (c)

    It shall be unlawful for any precious metal and gem dealer to purchase precious metals or precious gems unless a statement of ownership is complete and signed by the seller.

(Code of Gen. Ords. 1967, § 27.38; Ord. No. 52816, 7-30-81)