BC 1980 12 15 - Laserfiche WebLink

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469 Section 5. Records of Transactions. (a) Every secondhand precious metal business shall keep a tightly bound book or books, not looseleaf, with pages numbered in sequence, in which there shall be legibly written at the time of any transaction with a nonlicensee involving the purchasing of, trading for or acquiring of ownership of any secondhand article made, in whole or in part, of gold or silver or platinum, the following information: An account and description of the item(s), ~rticle(s) or things purchased, traded for or taken in, including, if applicable, the manufacturer's name, the model, the model number, the serial number and any engraved number(s), initial(s) or marking(s); The date of the transaction; The'name and residence of the person involved in the transaction with the secondhand precious metal business, along with the person's date of birth and general physical description, including hair color and approximate height and weight; an'd A notation whether the item(s), article(s) or thing(s) are stored on the licensed premises or elsewhere. (b) No transaction involving purchasing, trading for or taking in a secondhand article made, in whole or in part, of gold or silver or platinum shall be completed by any secondhand precious metal business or an agent or employee thereof until the person 'involved in the transaction presents two forms of positive identification or one state or federal government issued identification containing a photographic representation imprinted thereon. This identification information shall be recorded next to the person's name and residence in the book required to be kept pursuant to (a) above. (c) The book(s) required by this section shall be a permanent record to. be kept at all times on the premises of the secondhand precious metal business. Such book(s) shall be made available, during regular business hours, to any law enforcement officer. A full and accurate copy of the records required to be kept by this section shall be filed with the Cabarrus County Sheriff's Department within forty-eight (48) hours of the transaction. The full and accurate filing with the Cabarrus County Sheriff's Department of the records required hereunder by a licensee which is also a licensed pawnbroker shall constitute qompliance with the filing provisions of G.S. 91-4 (as the same appears in the 1979 Cumulative Supplement to Volume 2C of the North Carolina General Statutes) for any transaction subject to the provisions thereof. (d) The book(s)need not be kept longer than three (3) years by the licensee. Section 6. Goods to be Kept for Five Days. Every secondhand precious metal business must keep all secondhand articles made, in whole or in part, of gold or silver or platinum open to inspection by any law enforcement officer at reasonable times for a period of five (5) days after the purchase or acquisition thereof in any transaction subject to the provisions of Section 5 above. During this period, the appearance of such articles shall not be altered in any way. A secondhand precious metal business is not prohibited from selling or arranging to sell or trade such articles during the five (5) day period as long as such articles remain in its possession as required by this section. Section 7. Purchasing from Juvenile. No secondhand precious metal business or employee or agent thereof shall purchase from any juvenile under eighteen (18) years of age any secondhand article made, in whole or in part, of gold or silver or platinum without the written consent of the juvenile's parent or guardian or presentation of proof of ownership. Section 8. Use of Unlicensed Premises Prohibited; Exception. No secondhand precious metal business shall make use ot any property or premises not included within the premises designated in or by the license required by this chapter for the display of any secondhand article made, in whole or in part, of gold or silver or platinum or for the conduct of a secondhand precious metal business. This article does not prohibit the storage or safekeeping of any such secondhand article off of the licensed premises.