1997-021 Council Ordinances - Laserfiche WebLink

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(e) Dealers of used motor vehicles; (f) Repurchasers of returned merchandise after initial retail sale from the repurchaser; (g) Dealers of secondhand clothing and linens except that dealers of secondhand bedding must comply with Minnesota Statutes, Sections 325F.25 through 325F.34; (h) Dealers of wire and cable regulated under Minnesota Statutes, Section 325E.21; (i) Persons making occasional private purchases and sales of secondhand goods. (j) Dealers of secondhand books, magazines, video or audio tapes, compact disks, films or electronic game cartridges; (k) Charitable organizations that take used items for no compensation; (1) Dealers of furniture; (m) The sale of goods at an auction held by a licensed auctioneer; (n) The business of buying or selling only those secondhand goods taken as part or full payment for new goods, and where such business is incidental to and not the primary business of a person; and (o) The bulk sale of property from a merchant, manufacturer, or wholesaler having an established place of business or of goods sold at open sale from bankrupt stock. Class A Secondhand Goods Dealer. Any person who annually engages in 1,800 or more transactions involving the buying and/or selling of secondhand items. Class B Secondhand Goods Dealer. Any person who annually engages in more than sixty but fewer than 1,800 transactions involving the buying and/or selling of secondhand items. Class C Secondhand Goods Dealer. Any person who annually engages in 60 or fewer transactions involving the buying and/or selling of secondhand items. Receive. To purchase, accept for sale on consignment, broker, or acquire in trade for an item of equal or lesser value, any tangible personal property previously owned, used, rented, or leased. Transaction. The buying and/or selling of any item which has a serial number or an Operation ID number or for which compensation of $25 or more is paid. Each such item acquired from and sold to the same customer at the same time shall be considered a separate transaction. Reportable Transaction. (Pawnbroker) (Precious Metal Dealer) Every transaction conducted by a pawnbroker or Precious Metal Dealer in which merchandise is received through a pawn, purchase, consignment or trade, or in which a pawn is renewed, extended or redeemed, is reportable except: (1) The bulk purchase or consignment of new or used merchandise from a merchant, manufacturer or wholesaler having an established 3