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325F.736
Statute ID:
8417
Consumer Protection-Precious Metal Dealers-Required Holding Period
In Effect
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Text
Details are only available for Penalty and Charging Statutes.
Statute Number:
325F.736
Enactment Date:
Jan 1, 1859
Effective Date:
Jan 1, 1859
Expiration Date:
Repealed?:
No
Summary Text:
Consumer Protection-Precious Metal Dealers-Required Holding Period
Statute ID:
8417
Created:
Sep 1, 2006 by mnjis.legal.analyst@state.mn.us
Updated:
Sep 1, 2006 by mnjis.legal.analyst@state.mn.us
Last Update Action:
System
Legal Analyst Comment:
Summary Text:
Consumer Protection-Precious Metal Dealers-Required Holding Period
Link to MN Statute Text:
https://www.revisor.leg.state.mn.us/stats/325F/736.html
Legislative Session:
2005 - NA
Session Law Text?:
No
Statute text last updated on:
Sep 1, 2006
Every precious metal dealer shall keep in possession at the dealer's business location or other location within the licensing county from the time of the transaction or as close thereto as possible, for a period of no less than 14 days, every secondhand item containing precious metal purchased by the dealer unless the item is purchased or consigned from another dealer licensed under section 325F.733. The item shall not be altered at the time of sale and shall remain unaltered during the required holding period.
