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as a dealer, or in lieu thereof, will pay the reasonable value in money to the person. The bond
<br /> shall contain a provision that no bond may be canceled except upon thirty (30) days written
<br /> notice to the city, which shall be served upon the department of licenses and consumer
<br /> services.
<br /> (b) Antique mall operators. Before a license will be issued for an antique mall operator,
<br /> every applicant must submit a ten thousand dollar ($10,000.00) antique mall operator bond on
<br /> forms provided by the department of license and consumer services. All antique mall operator
<br /> bonds must be conditioned that the operator, and all mall antique dealers licensed to conduct
<br /> business at the operator's location, will observe all laws in relation to dealers, will conduct
<br /> business in conformity thereto, and that the operator will account for and deliver to any person
<br /> legally entitled, any goods which have come into the hands of the operator, or the hands of any
<br /> of its antique mall dealers, through their business as a dealer, or in lieu thereof, will pay the
<br /> reasonable value in money to the person. The bond shall contain a provision that no bond may
<br /> be canceled except upon thirty (30) days written notice to the city, which shall be served upon
<br /> the department of licenses and consumer services.
<br /> (c) Antique mall dealers. Before a license will be issued for an antique mall dealer, the
<br /> department of licenses and consumer services must have in its possession a valid antique mall
<br /> operator bond issued to the licensed antique mall operator at the location for which the applicant
<br /> is applying. (98-Or-059, § 1, 6-26-98)
<br /> 321.310. Records required. (a) Exempt transactions. The following item(s), when received by
<br /> a dealer, are exempt from recording and reporting requirements in this article, regardless of the
<br /> purchase price paid by the dealer, asking price if consigned or brokered, or value attributed to it
<br /> if accepted in trade:
<br /> (1) The receipt of new or used merchandise from a merchant, manufacturer or
<br /> wholesaler having an established permanent place of business, and the retail sale of
<br /> said merchandise, provided the secondhand dealer must maintain a record of all such
<br /> transactions which describes each item, and must identify such items in a manner which
<br /> relates them to that transaction record. Any identification code used by the dealer must
<br /> be provided to the police license inspector or the inspectors designee(s) upon request.
<br /> (2) The sale or receipt of used merchandise donated to recognized non-profit
<br /> organizations and for which no compensation is paid.
<br /> (3) The sale or receipt of secondhand clothing and shoes.
<br /> (b) Recordable transactions. Every dealer, at the time of receipt of any item which the
<br /> dealer was required to pay for by check, and which has a unique identifier, or is or contains
<br /> precious metals or gems, regardless of the purchase price, asking price if consigned or
<br /> brokered, or value attributed to it if accepted in trade, or any other item for which the dealer paid
<br /> fifteen dollars ($15.00) or more, by check or other consideration, or which the dealer intends to
<br /> offer for sale, or broker, for thirty dollars ($30.00) or more, and which is not exempted in section
<br /> 321.310(a), shall immediately and legibly record, using the English language, in ink or other
<br /> indelible medium in a book, on forms, or in a computerized record approved by the police
<br /> license inspector, the following information:
<br /> (1) A complete and accurate description of each item including, but not limited to,
<br /> any trademark, identification number, serial number, model number, brand name, or
<br /> other identifying mark on such an item.
<br /> (2) The purchase price, asking price if consigned, or value attributed to item if
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