Title 6
Commercial Law — General Regulatory Provisions

Chapter 11.1
Purchase and Sale of Precious Metals

R.I. Gen. Laws 6-11.1-4

 6-11.1-4.  Record of transactions required — Reports to police.

(a) Every person licensed under this chapter shall keep a copy of the report form obtained from or under the direction of the attorney general, containing a comprehensive record of all transactions concerning precious metals including catalytic converters. The comprehensive record shall be hand printed legibly or typed. The record shall include the name, address, telephone number and date of birth of the seller; a complete and accurate description of the property purchased or sold including any serial numbers or other identifying marks or symbols; and the date and hour of the transaction.

(b) All persons licensed under this chapter shall deliver or mail weekly to the chief of police of the city or town in which the business is located and electronically submit to the attorney general, in a manner specified by the attorney general, all report forms from the preceding seven-day (7) period.

(c) Every person licensed under this chapter shall retain a copy of the report form for a period of one year from the date of the sale stated on the form.

History of Section.
P.L. 1980, ch. 399, 1; P.L. 1993, ch. 368, 1; P.L. 1996, ch. 166, 1; P.L. 1996, ch. 201, 1; P.L. 2004, ch. 595, art. 26, 1; P.L. 2008, ch. 349, 1; P.L. 2013, ch. 502, 1; P.L. 2013, ch. 507, 1; P.L. 2014, ch. 528, 8.