PCAgenda_94Jan24 - Laserfiche WebLink

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. Page 3 e. Police order to hold property. Whenever the city police department notifies the precious metal dealer not to sell an item, the item shall not be sold or removed from the licensed premises until authorized to be released by the city police department. f. Holding period. Any item received by the precious metal dealer, for which a report to the police is required under subpart 1c) of this section, shall not be sold or otherwise transferred for 14 days after the date of such report to the police. g. Receipt. The precious metal dealer shall provide a receipt to the seller of any item of property received, which shall include the name, address and phone number of the precious metal dealer business; the date on which the item was received by the precious metal dealer; a description of the item received and amount paid to the seller in exchange for the item sold. h. Hours of operation. No precious metal dealer shall keep the precious metal dealer business open for the transaction of business on any day of the • week before 9:00 a.m. or after 9:00 p.m. i. Minors. The precious metal dealer shall not purchase or receive personal property of any nature from a minor. j. Inspection of items. The precious metal dealer shall, at all times during the term of the license, allow the city police department or issuing authority to enter the premises where the precious metals dealer business is located, for the purpose of inspecting such premises and inspecting the items, ware and merchandise therein for the purpose of locating items suspected or alleged to have been stolen or otherwise improperly disposed of. k. License display. An issued license must be posted in a conspicuous place in the premises for which it is used. The license issued is only effective for the compact and contiguous space specified in the approved license application. I. Proper identification. A licensee under this section shall not accept any items of property unless the seller provides to the precious metal dealer one of the following forms of identification: A valid driver's license; a Minnesota identification card; or a photo identification issued by the state of residency of the person from whom the item was received. No other forms of identification • shall be accepted.