Senate Bill 0010
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DIGEST OF SB 10 (Updated February 4, 2013 2:47 pm - DI 84)
Valuable metal dealers and used jewelry sales. Provides that a jeweler regulated under the law concerning used jewelry sales is not subject to regulation as a valuable metal dealer. Provides that the law concerning used jewelry sales does not apply to a person who purchases or resells an article of used jewelry if the person: (1) purchases or resells the article of used jewelry through the Internet; and (2) sold less than $5,000 of jewelry during the 12 month period preceding the date the person purchases or resells the article of used jewelry through the Internet.
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