§ 12–206

Statutes in effect as of October 1, 2026.

Md. Code Ann., Bus. Reg. § 12-206 (2026)

Title 12. Secondhand Precious Metal Object Dealers and Pawnbrokers

Subtitle 2. Secondhand Precious Metal Object Dealers

(a)

A license authorizes the licensee to do business as a dealer only at the address for which the license is issued.

(b)

Notwithstanding subsection (a) of this section, a dealer who holds a license under this subtitle may:

(1)

make purchases at an estate and judicial sale; and

(2)

transact business at the residence of the owner of a precious metal object or a place where the owner keeps a precious metal object:

(i)

on request of the owner; and

(ii)

after giving written notice of the proposed transaction and its location to the local law enforcement unit with jurisdiction over that location.