Idaho § 63-3622V - Bullion
Full text of Idaho Idaho Statutes § 63-3622V — Bullion, with citation guidance and answers to common questions.
§ 63-3622V. Bullion
There is exempted from the taxes imposed by this chapter:
(a) The sale of precious metal bullion or the sale of monetized bullion.
(b) For purposes of this section, "precious metal bullion" means any elementary precious metal which has been put through a process of smelting or refining including, but not limited to, gold, silver, platinum, rhodium, and chromium, and which is in such state or condition that its value depends upon its contents and not upon its form.
(c) For purposes of this section, "monetized bullion" means coins or other forms of money manufactured from gold, silver, or other metals and heretofore, now, or hereafter used as a medium of exchange under the laws of this state, the United States, or any foreign nation, but shall not include coins or money sold to be manufactured into jewelry or works of art.
[63-3622V, added 1984, ch. 239, sec. 23, p. 583.]
Frequently Asked Questions About Idaho § 63-3622V
What does Idaho Statutes § 63-3622V cover?
Section 63-3622V ("Bullion") is part of the Idaho Statutes, the codified statutory law of Idaho. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Idaho § 63-3622V?
A common citation format is "Idaho Statutes § 63-3622V" (Idaho). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Idaho law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Idaho official source linked on this page or consult a licensed Idaho attorney.
How does Idaho § 63-3622V apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Idaho can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Idaho.