Sec. 23.1-2. Records to be kept; copy furnished to local authorities; inspection of records.
(a) Every dealer shall keep at his place of business an accurate and legible record, in English, of each purchase of precious metals or gems. The record of each such purchase shall be retained by the dealer for not less than twenty-four (24) months. These records shall set forth the following:
(1) A complete description of all precious metals or gems purchased from each seller. The description s hall include all names, initials, serial numbers or other identifying marks or monograms on each item purchased, the true weight or carat of any gem, and the price paid for each item;
(2) The date and time of receiving the items purchased; and,
(3) The name, address, age, sex, race, driver's license number or Social Security number, and signature of the seller.
(b) The information required by paragraph (a) of Section 23.1-2 shall appear on each bill of sale for all precious metals and gems purchased by a dealer, and a copy shall be mailed or delivered within twenty-four (24) hours of the time of purchase to the chief of police of the City of Lynchburg.
(c) Every dealer shall admit to his premises during regular business hours the chief of police of the City of Lynchburg, or his sworn designee, or any law enforcement official of the state or federal governments, and shall permit such law enforcement officer to examine all records required by this chapter, and to examine any article listed in a record which is believed by the officer of official to be missing or stolen. (Ord. No. O-83-023, § 1, 2-8-83)
Last updated date: 10/23/2006 4:15:21 PM