Newport News |
Code of Ordinances |
Chapter 30. PAWNBROKERS; BUYERS OF OLD GOLD AND SILVER |
Article III. BUYERS OF GOLD AND SILVER |
§ 30-36. Dealer to retain purchases.
(a)
The dealer shall retain all precious metals or gems purchased for a minimum of twenty (20) consecutive week days, Saturdays and Sundays not included, from the date on which a copy of the bill of sale is received by the chief of police. 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 his place of business.
(b)
If a dealer performs the service of removing precious metals or gems, he shall retain the metals or gems removed and the article from which the removal was made for a period of twenty (20) consecutive week days, Saturdays and Sundays not included, after receiving such article and precious metals or gems.
(Ord. No. 4953-96; Ord. No. 5375-99; Ord. No. 7155-15, § 1)
(Ord. No. 4953-96; Ord. No. 5375-99; Ord. No. 7155-15, § 1)