Within 48 hours of discovery, an ammunition vendor shall report the loss or theft of any of the following items to the appropriate law enforcement agency in the city, county, or city and county where the vendor’s business premises are located:
(1) Any ammunition that is merchandise of the vendor.
(2) Any ammunition that the vendor takes possession of pursuant to Section 30312.
(3) Any ammunition kept at the vendor’s place of business.
(Added November 8, 2016, by initiative Proposition 63, Sec. 8.14.)