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� �, j�. .. �: ? � � i ' ' �f <br />It is unlawfuf for a precious meiai dealer to purchase a secondhand item containing <br />precious metals from a person under 18 years of age unless the person is accompanied <br />by fhe persor�'s parent or guardian wha is identified and whose identity is recorded in <br />accordance with sections 325F.73�4 and 325F.735. <br />HIST: 1981 c 333 s 9; 1986 c 444 <br />325F.74�1 Paymern# !ay checP�. <br />Payment by a precious metaf dealer for the purchase af a secandhanc{ item containing <br />preciaus metal shall be made only by a checl<, clraft, or other negotiable ar nor� <br />negotiable insfrument or order of withdrawal which is drawn against funds held by a <br />financial insfitution. <br />HIST: 1981 c 333 s 10 <br />325F.742 Covernrr�erntal subdi�risions may regulate. <br />The provisions of Laws 1981, chapt�r 333, sections 1 to 17 shall not be construed as <br />prohibifing, or in any way limifiing, or interfering with the right of any governmental <br />subdivision of the state to regulate or license precious metal dealers within its <br />jurisdiction in a manner mare restrictive than Laws 1981, chapter 333, sections 1 to 17; <br />provided, tha� transactions described in section 325F.732, subdivision 2, shalE not be <br />� regulated in a manner inconsisFenfi with Laws 1981, chapter 333, sectians 1 fia 17. <br />HIST: 1981 c 333 s 11 <br />325F.7�3 Grimir�al per�aliy. <br />Any person who violates any provision of L.aws 1981, chapter 333, sections 1 to 17 is <br />guifty ofi a felony and may be sentenced to imprisonment for not more fihan three years <br />or to payment of a fine of hot more than $40,000, or bath. <br />HfST: 198i c 333 s 12; 1984 c 628 art 3 s 11 <br />325F.7�4 Civi1 penatty. <br />The attorney general ar any county attorney may institute a civil acfion in the name of <br />the state in the district cour4 to revol<e, deny or suspend for a period o# time the license <br />on the ground that the licensee has violated a provision of Laws 1981, chapter 333, <br />seciions 1 to 17. For this purpose, fihe attorney general or county attorney shall be <br />invesfed with the additional powers cantained in sec#ion 8.31. I# is no defense to the <br />action that the sfafie has adequate remedies af law. <br />HlST: 9981 c 333 s 13 <br />