Palestine |
Code of Ordinances |
Chapter 26. BUSINESSES |
Article IV. CRAFTED PRECIOUS METALS |
Division 1. GENERALLY |
§ 26-130. Disposal of articles.
(a)
A dealer may not melt, deface, alter or dispose of any crafted precious metal for which a report is required under this article before the 11th day after the day on which the report is filed unless:
(1)
The peace officer to whom the report is submitted, for some good cause, authorizes disposition of that crafted precious metal;
(2)
The dealer obtains the name, address and description of the buyer and retains this information record, which shall be made available for inspection by any peace officer; or
(3)
The dealer is a pawnbroker and the disposition is the redemption of pledged property by the pledgor.
(b)
It shall be unlawful for any person to dispose of property or fail to make a record available for inspection by a peace officer as required by this section.
(Code 1968, § 23½-9)
State law reference
Similar provisions, Vernon's Ann. Civ. St. art. 9009a, § 4A.