The dealer shall retain in his immediate, physical possession, on the business premises
and readily available for inspection by the chief of police or any members of his
department, all precious metals or gems purchased for a minimum of fifteen (15) calendar
days from the date on which a copy of the bill of sale is received by the chief law-enforcement
officer of the locality in which the purchase is made. Until the expiration of this
period, the dealer shall not sell, alter, or dispose of a purchased item in whole
or in part, or remove it from the county, city, or town in which the purchase was
made.
(Ord. No. 30,898, § 1, 12-9-80; Ord. No. 31,370, § 1, 10-13-81; Ord. No. 39,740, §
1, 10-26-99; Ord. No. 43,478, § 5, 6-16-09)
