§ 26-130. Disposal of articles.  


Latest version.
  • (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.