(a) A person may not engage in the business of purchasing and selling crafted precious metal unless the person is registered with the commissioner as a dealer under this section.
(b) To register as a dealer, a person must provide to the commissioner:
(1) a list of each location in this state at which the person will conduct business as a dealer; and
(2) a processing fee for each location included on the list furnished under Subdivision (1).

(b-1) A registration issued under this section is valid for the period prescribed by commission rule adopted under § 14.112, Finance Code.
(c) The commissioner shall prescribe the processing fee in an amount necessary to cover the costs of administering this subchapter.
(d) The commission by rule shall establish a deadline for the submission of the information and fee required by Subsection (b) for initial issuance and renewal of registrations under this section.
(d-1) After the applicable deadline for initial or renewal registrations, a dealer may amend the registration required under Subsection (a) to reflect any change in the information provided by the registration.
(e) The commissioner shall make available to the public a list of dealers registered under this section.
(f) The commissioner may prescribe the registration form.
(g) A reference to a registration in another subchapter of this chapter does not apply to a person to the extent the person is registered under this subchapter.
(h) The commissioner may refuse to renew the registration of a person who fails to comply with an order issued by the commissioner to enforce this chapter.