Source: https://www.lawserver.com/law/state/south-carolina/sc-code/south_carolina_code_title_40_chapter_54
Timestamp: 2020-03-28 15:07:33
Document Index: 176513606

Matched Legal Cases: ['§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40']

» South Carolina Code > Title 40 > Chapter 54 – Dealers in Precious MetalsLawServer
South Carolina Code > Title 40 > Chapter 54
South Carolina Code > Title 40 > Chapter 54 – Dealers in Precious Metals
§ 40-54-10 Definitions
§ 40-54-20 Permit required; form; contents of application; investigation; issuance; term; fee; denial, suspension, or revocation
§ 40-54-30 Permit to be posted
§ 40-54-40 Dealer to keep records of certain purchases; identification of seller required; seller’s identity not to be publicized
§ 40-54-50 Purchases from minors; retention period of precious metals purchased; goods subject to inspection
§ 40-54-60 Permit required for possession of certain equipment
§ 40-54-70 Civil liability of dealer to owner for knowingly purchasing stolen metal; reimbursement to dealer by owner under certain conditions
§ 40-54-80 Penalties
§ 40-54-90 Chapter preempts local ordinances regulating business of purchasing precious metals
§ 40-54-100 Exempt transactions
Terms Used In South Carolina Code > Title 40 > Chapter 54
Dealer: means any person, corporation, or partnership who buys precious metal or precious or semiprecious stones or gems from the general public, whether in bulk or in manufactured form, with an intent to obtain a monetary profit for himself or for a principal. See South Carolina Code 40-54-10
Local law enforcement agency: means the chief of police for businesses located within the corporate limits of a municipality and the county law enforcement agency for businesses located outside the corporate limits of a municipality. See South Carolina Code 40-54-10
Permanent place of business: means a fixed premises either owned by the dealer or leased by him. See South Carolina Code 40-54-10
Precious metal: means any article made in whole or in part of gold, silver, or platinum. See South Carolina Code 40-54-10
Purchase: means the acquisition, including by means of being pawned to a dealer, of precious metal or precious or semiprecious stones or gems or both precious metal and precious or semiprecious stones or gems for a consideration of cash, goods, or other precious metals or precious or semiprecious stones or gems or both precious metals and precious or semiprecious stones or gems. See South Carolina Code 40-54-10