5.09.070 - Property to be kept thirty days before disposition.

A.

It is unlawful for any Person licensed by this Chapter to sell, melt, change (except for customary testing), take apart, destroy, obliterate identification marks or dispose of any secondhand property purchased or obtained by a dealer until thirty (30) days have elapsed from the date of compliance with the reporting requirements of Sections 5.09.040, 5.09.050 and 5.09.060, or for such additional time as to any specific item or items as may be directed by the chief of police or his designee. All items being so stored shall be segregated from other items and shall be identified by a tag attached to the property numbered in a manner to correspond with the number of the transaction description in the business records required to be kept by Section 5.09.050. Items purchased in bulk may be tagged in bulk. Items may be stored at other locations in Salt Lake County approved by the chief of police. The dealer shall produce these items at the business location within one hour of a request to do so by a Category I peace officer. Where compliance is impossible because of the close of business hours, the item shall be produced within one hour of the opening of business on the next business day.

B.

The requirements of Subsection (A) of this Section shall not be applicable to any unidentifiable secondhand precious metals which have been inspected and received written clearance for earlier disposition by the chief of police or his designee.

C.

The chief of police may, by written directive, modify the holding, record keeping or reporting requirements of this Section as they pertain to gold and silver coins.

(Ord. No. 2020-02, § II(Exh. A), 1-8-2020)