Texas § OC.1956.067 - PURCHASE AT TEMPORARY LOCATION OF DEALER

§ OC.1956.067. PURCHASE AT TEMPORARY LOCATION OF DEALER

PURCHASE AT TEMPORARY LOCATION OF DEALER. (a) A dealer who conducts business at a temporary location for a period of less than one year may not engage in the business of buying precious metal or used items made of precious metal unless, within a 12-month period at least 30 days before the date on which each purchase is made, the dealer has filed: (1) a registration statement with the department; (2) a copy of the registration statement and a copy of the dealer's certificate of registration issued under this subchapter with the local law enforcement agency of: (A) the municipality in which the temporary location is located; or (B) if the temporary location is not located in a municipality, the county in which the temporary location is located; and (3) a copy of the dealer's certificate of registration issued under this subchapter with the county and, if applicable, the municipality in which the temporary location is located. (b) The registration statement must contain: (1) the name and address of the dealer; (2) the location where business is to be conducted; (3) if the dealer is an association, the name and address of each member of the association; (4) if the dealer is a corporation, the name and address of each officer and director of the corporation; and (5) other relevant information required by the department. Added by Acts 2001, 77th Leg., ch. 1421, Sec. 4, eff. June 1, 2003. Amended by: Acts 2011, 82nd Leg., R.S., Ch. 1298 (H.B. 2490 ), Sec. 7, eff. January 1, 2012.