Indiana Code 24-4-19-11. Purchase or resale of precious metal
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Terms Used In Indiana Code 24-4-19-11
- jewelry: means personal ornaments made of gold, silver, or platinum that may or may not contain precious, semiprecious, or imitation stones. See Indiana Code 24-4-19-2
- precious metal: means :
Indiana Code 24-4-19-6
- purchase: means to acquire property in exchange for cash, credit, or other valuable consideration. See Indiana Code 24-4-19-8
Sec. 11. A precious metal dealer who purchases or resells precious metal must comply with this chapter. However, this chapter does not apply to jewelry used by a customer as a trade-in toward the purchase of a new piece of jewelry.
As added by P.L.222-2013, SEC.3.