California Business and Professions Code 21638 – The provisions of this article shall not prohibit enactment, …
The provisions of this article shall not prohibit enactment, amendment, or enforcement by any city, county, or city and county of any local ordinance relating to a secondhand dealer or coin dealer which is not inconsistent with the provisions of this article, except that no city, county, or city and county, or any other state agency shall adopt the following:
(a) Holding, reporting, or identification requirements for transactions involving coins, monetized bullion, or commercial grade ingots of gold, silver, or other precious metals.
Terms Used In California Business and Professions Code 21638
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- City: includes city and county. See California Business and Professions Code 18
- coin dealer: means any person, firm, partnership, or corporation whose principal business is the buying, selling, and trading of coins, monetized bullion, or commercial grade ingots of gold, or silver, or other precious metals. See California Business and Professions Code 21626
- Commercial grade ingots: means 0. See California Business and Professions Code 21627
- County: includes city and county. See California Business and Professions Code 17
- Personal property: All property that is not real property.
- secondhand dealer: as used in this article , means and includes any person, copartnership, firm, or corporation whose business includes buying, selling, trading, taking in pawn, accepting for sale on consignment, accepting for auctioning, or auctioning secondhand tangible personal property. See California Business and Professions Code 21626
- State: means the State of California, unless applied to the different parts of the United States. See California Business and Professions Code 21
(b) Identification, holding, or reporting requirements for the acquisition of tangible personal property, in the ordinary course of business, by pawnbrokers and secondhand dealers, other than as set forth in Sections 21628, 21630, 21633, and 21636 of this code, and commencing July 1, 2010, Section 21628.2 of this code, and § 21208 of the Financial Code.
(Amended by Stats. 2009, Ch. 335, Sec. 8. (SB 449) Effective January 1, 2010.)