Indiana § 24-4-19-6 "Precious metal"

Indiana Statutes

§ 24-4-19-6 — "Precious metal"

Indiana·Art. 4 REGULATED BUSINESSES·Ch. 19 Precious Metal Dealers

(a)As used in this chapter, "precious metal" means:

(1)used jewelry; and

(2)other used articles of personal property that:

(A)are made of gold, silver, or platinum; and

(B)were previously purchased at retail, acquired by gift, or obtained in some other fashion by a consumer.

(b)The term does not include:

(1)mint issued coins;

(2)ingots; or

(3)industrial residue or byproducts that contain gold, silver, or platinum purchased from manufacturing firms.

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(a) As used in this chapter, "precious metal"
means:
(1) used jewelry; and
(2) other used articles of personal property that:
(A) are made of gold, silver, or platinum; and
(B) were previously purchased at retail, acquired by gift, or
obtained in some other fashion by a consumer.
(b) The term does not include:
(1) mint issued coins;
(2) ingots; or
(3) industrial residue or byproducts that contain gold, silver, or
platinum purchased from manufacturing firms.

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