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Article I. Generally

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The following words, terms and phrases, when used in this chapter, shall have the meanings ascribed to them in this section, except where the context clearly indicates a different meaning:

“Precious metal” means gold, silver or platinum group metals, or any used articles or other used personal property containing such metals, but shall not include coins purchased for their numismatic value rather than their metal content or ingots or other industrial residue or byproducts composed of such metals purchased from manufacturing firms.

“Precious metal dealer” means any person who engages in the business of purchasing precious metal for the purpose of reselling such metal in any form. (Code 1981 § 37-51. Code 1995 § 30-186.)

Cross References:Definitions generally, TMC 1.10.020.