§ 12-206. Scope of license

Latest version.

   (a) In general. -- A license authorizes the licensee to do business as a dealer only at the address for which the license is issued.

(b) Location of business. -- Notwithstanding subsection (a) of this section, a dealer who holds a license under this subtitle may:

   (1) make purchases at an estate and judicial sale; and

   (2) transact business at the residence of the owner of a precious metal object or a place where the owner keeps a precious metal object:

      (i) on request of the owner; and

      (ii) after giving written notice of the proposed transaction and its location to the local law enforcement unit with jurisdiction over that location.

HISTORY: An. Code 1957, art. 56, § 421; 1992, ch. 4, § 2; 1997, ch. 227; 2010, ch. 404.

                    
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