Seller Identification; Photograph of Precious Metal

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Sec. 14. (a) If a precious metal dealer purchases precious metal from a seller, the precious metal dealer shall:

(1) verify the identity of the seller by use of a government issued photographic identification;

(2) make a copy of the seller's government issued photographic identification; and

(3) take a photograph of the precious metal.

(b) A precious metal dealer shall retain a copy of the:

(1) government issued photographic identification; and

(2) photograph;

described in subsection (a) as required in section 15(e) of this chapter.

As added by P.L.222-2013, SEC.3.


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