Virginia § 54.1-4102 - Credentials and statement of ownership required from seller
Full text of Virginia Code of Virginia § 54.1-4102 — Credentials and statement of ownership required from seller, with citation guidance and answers to common questions.
§ 54.1-4102. Credentials and statement of ownership required from seller
No dealer shall purchase precious metals or gems without first (i) ascertaining the identity of the seller by requiring an unexpired identification card issued by a governmental agency with the current legal address and a photograph of the seller thereon, and at least one other corroborating means of identification, and (ii) obtaining a statement of ownership from the seller. If the government-issued identification card does not bear the current legal address, the person shall present other documentation verifying his current legal address.
The governing body of the locality wherein the dealer conducts his business may determine the contents of the statement of ownership.
1981, c. 581, § 54-859.17; 1986, c. 316; 1988, c. 765; 2019, c. 457.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 54.1-4102
What does Code of Virginia § 54.1-4102 cover?
Section 54.1-4102 ("Credentials and statement of ownership required from seller") is part of the Code of Virginia, the codified statutory law of Virginia. 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 Virginia § 54.1-4102?
A common citation format is "Code of Virginia § 54.1-4102" (Virginia). 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 Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.
How does Virginia § 54.1-4102 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia 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 Virginia.