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<section article="gbr" article_name="Business Regulation" number="12-302" title_number="12" title_name="Secondhand Precious Metal Object Dealers and Pawnbrokers" subtitle_number="3" subtitle_name="Precious Metal Objects -- Records; Holding Period; Inspection">
  <level label="a">
    <text>In addition to any other information required by the Secretary, the records of a dealer shall include:</text>
    <level label="1">
      <text>the date, place, and time of each transaction that involves the acquisition of a precious metal object;</text>
    </level>
    <level label="2">
      <text>the name and address of the principal, if the transaction is by an agent;</text>
    </level>
    <level label="3">
      <text>a description of the precious metal object, including:</text>
      <level label="i">
        <text>its approximate metallic composition;</text>
      </level>
      <level label="ii">
        <text>any jewels, stones, or glass parts;</text>
      </level>
      <level label="iii">
        <text>any mark, number, word, or other identification on the precious metal object;</text>
      </level>
      <level label="iv">
        <text>its weight, if payment is based on weight;</text>
      </level>
      <level label="v">
        <text>a statement whether it appears to have been altered by any means, including:</text>
        <level label="1">
          <text>obscuring a serial number or identifying feature;</text>
        </level>
        <level label="2">
          <text>melting; or</text>
        </level>
        <level label="3">
          <text>recutting a gem; and</text>
        </level>
      </level>
      <level label="vi">
        <text>the amount paid or other consideration;</text>
      </level>
    </level>
    <level label="4">
      <text>for each individual from whom the dealer acquires a precious metal object:</text>
      <level label="i">
        <text>the name, date of birth, and driver’s license number of the individual; or</text>
      </level>
      <level label="ii">
        <text>identification information about the individual that:</text>
        <level label="1">
          <text>positively identifies the individual from at least 2 forms of identification, which may include an age of majority card, uniformed services identification, or passport; and</text>
        </level>
        <level label="2">
          <text>provides a physical description of the individual, including the sex, race, any distinguishing features, and approximate age, height, and weight of the individual;</text>
        </level>
      </level>
    </level>
    <level label="5">
      <text>a statement indicating whether or not the person making the transaction is personally known to the dealer; and</text>
    </level>
    <level label="6">
      <text>the signature of the person from whom the precious metal object or personal property is acquired and the dealer or employee who accepted the precious metal object.</text>
    </level>
  </level>
  <level label="b">
    <text>In addition to any other information required by the Secretary, the records of a pawnbroker shall include, for each item pawned:</text>
    <level label="1">
      <text>the type of item;</text>
    </level>
    <level label="2">
      <text>its manufacturer, model number, year of manufacture if known, and serial number if known; and</text>
    </level>
    <level label="3">
      <text>its color and size.</text>
    </level>
  </level>
</section>
