2016 Code of Virginia
Title 54.1 - Professions and Occupations
Chapter 41 - Precious Metals Dealers
§ 54.1-4102. Credentials and statement of ownership required from seller
No dealer shall purchase precious metals or gems without first (i) ascertaining the identity of the seller by requiring an identification issued by a governmental agency with a photograph of the seller thereon, and at least one other corroborating means of identification, and (ii) obtaining a statement of ownership from the seller.
The governing body of the locality wherein the dealer conducts his business may determine the contents of the statement of ownership.
1981, c. 581, ยง 54-859.17; 1986, c. 316; 1988, c. 765.
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