§ 24-4-19-13 — Registration requirement; secretary of state; local law enforcement agencies

Indiana § 24-4-19-13

• Jurisdiction: Indiana
• Art. 4: REGULATED BUSINESSES
• Ch. 19: Precious Metal Dealers

Text

(a) A precious metal dealer must satisfy the
registration requirements described in subsections (b) and (c) before
the precious metal dealer may engage in the business of purchasing or
reselling precious metal at a permanent place of business in Indiana.
(b) A precious metal dealer must submit to the secretary of state one
(1) time every twelve (12) months a registration that includes the
following:
(1) The name of the precious metal dealer.
(2) The addresses of all permanent places of business owned or
leased by the precious metal dealer in Indiana.
(3) Any other information required by the secretary of state.
(4) A registration fee of one hundred dollars ($100), to be
deposited by the secretary of state into the electronic and
enhanced access fund established by IC 4-5-10-5.
(c) A precious metal dealer must submit a registration to a law
enforcement agency one (1) time every twelve (12) months for each
permanent place of business owned or leased by the precious metal
dealer in Indiana as follows:
(1) If the permanent place of business is located in a municipality
that maintains a law enforcement agency, the registration shall be
submitted to the law enforcement agency of the municipality.
(2) If the permanent place of business is not located in a
municipality that maintains a law enforcement agency, the
registration shall be submitted to the sheriff of the county in
which the permanent place of business is located.
A registration submitted to a law enforcement agency under this
subsection must include the name of the precious metal dealer, the
address of the permanent place of business, any other information
required by the law enforcement agency, and a registration fee of fifty
dollars ($50). However, if a precious metals dealer registers more than
one (1) permanent place of business with the same law enforcement
agency, the precious metal dealer must pay a registration fee of fifty
dollars ($50) to register all the permanent places of business with the
law enforcement agency.

Legislative History

As added by P.L.222-2013, SEC.3.