Privilege license required

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  1. A dealer desiring to engage in the business of purchasing precious items for the purpose of reselling those items must purchase a privilege license under Section 27-17-9 which authorizes him or her to engage in that business.A dealer may not operate in the State of Mississippi unless he or she has a current privilege license to engage in the business of purchasing precious items for the purpose of reselling those items.
  2. A dealer may operate only from the permanent place of business listed on the privilege license.The dealer must forward a copy of each privilege license to the local law enforcement agency within five (5) days of receipt of the license.


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