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<section article="gbr" article_name="Business Regulation" number="12-102" title_number="12" title_name="Secondhand Precious Metal Object Dealers and Pawnbrokers" subtitle_number="1" subtitle_name="Definitions; General Provisions">
  <level label="a">
    <text>This title does not apply to a transaction that involves:</text>
    <level label="1">
      <text>merchandise acquired from an established manufacturer or dealer who holds a license under this title, other than a pawnbroker, if the dealer who acquires the merchandise keeps an invoice or other customary proof of origin for the merchandise;</text>
    </level>
    <level label="2">
      <text>a metal acquired for use in dentistry by a dentist licensed to practice dentistry under Title 4 of the Health Occupations Article;</text>
    </level>
    <level label="3">
      <text>coins; or</text>
    </level>
    <level label="4">
      <text>the purchase of junk or scrap metal that is subject to the record keeping and reporting requirements under § 17–1011 of this article.</text>
    </level>
  </level>
  <level label="b">
    <text>If a retail jeweler has a fixed business address in the State, this title does not apply to a transaction in which the retail jeweler:</text>
    <level label="1">
      <text>accepts, in accordance with a posted return policy, the return of an item that the jeweler originally sold;</text>
    </level>
    <level label="2">
      <text>accepts, in accordance with a published trade–in policy, merchandise in trade that the jeweler originally sold;</text>
    </level>
    <level label="3">
      <text>repossesses merchandise that the jeweler originally sold, if the original buyer has defaulted;</text>
    </level>
    <level label="4">
      <text>retains merchandise that the jeweler originally accepted for repair as a bailee for hire, if the customer who deposited the merchandise:</text>
      <level label="i">
        <text>defaulted; or</text>
      </level>
      <level label="ii">
        <text>failed to reclaim the merchandise within the time agreed on with the jeweler;</text>
      </level>
    </level>
    <level label="5">
      <text>accumulates pieces of precious metals in the course of performing repairs, remountings, fabrications, or custom orders; or</text>
    </level>
    <level label="6">
      <text>participates in a remount sale.</text>
    </level>
  </level>
  <level label="c">
    <text>Except as otherwise provided in this title, this title does not apply to a pawnbroker located in a county that regulates pawnbrokers unless the pawnbroker does business as a dealer.</text>
  </level>
  <level label="d">
    <level label="1">
      <text>A county or municipal corporation may not enact a law to regulate dealers or coins.</text>
    </level>
    <level label="2">
      <text>This title supersedes any existing law of a county or municipal corporation that regulates dealers or coins.</text>
    </level>
  </level>
</section>
