§ 10-222. Record of goods or objects purchased required.

(a)

Every gold, silver or gemstone merchant or pawnbroker dealer shall be required to maintain a book or ledger setting forth each purchase of secondhand or used merchandise when the value of any single piece of merchandise or article received shall be twenty-five dollars ($25.00) or more, for each single transaction. The price at which a piece of merchandise is offered for sale by a dealer shall be considered prima facie evidence of the value of the piece of merchandise. Each ledger entry shall be entered at the time of each transaction and shall contain an accurate description in the English language of the merchandise or article received including serial numbers of the objects, if distinguishable, along with the amount paid therefor. The name, address, sex, race, height, weight, and driver's license number of the person selling or delivering the merchandise or articles to the dealer shall be obtained and included with each ledger entry.

(b)

Each gold, silver or gemstone merchant or pawnbroker also must enter the names and addresses, sex, race, height and driver's license number and a description of any gold, silver or gemstone products purchased by the merchant or pawnbroker, from any individual seller, whether they are persons, firms, partnerships or corporation. The description shall include any numbers, name of maker, letters, or marks. These records shall be kept for a period of three (3) years and shall be made available to any police officer of the city. No entry made in such book shall be erased, obliterated, or defaced.

(Ord. No. 1001, § III, 9-23-80; Ord. No. 1013, § III, 10-21-80)

State law reference

Record of items purchased, R.S. 37:1864.