§ 122-106. Definitions.  


Latest version.
  • The following words, terms and phrases, when used in this article, shall have the meanings ascribed to them in this section, except where the context clearly indicates a different meaning:

    Precious metals means any metals, including but not limited to, in whole or in part, silver, gold, platinum.

    Precious metals dealer means any person who, exclusively or as incidental to or in connection with any other business, is engaged in the business of purchasing precious metals or goods made from precious metals from persons or sources other than industrial producers, manufacturers or licensed dealers. The term "precious metals dealer" also means any person as defined in this subsection and who engages in such business for a period not exceeding 180 days.

(Code 1977, § 14-6501)

Cross reference

Definitions generally, § 1-2.