Sec. 20. (a) Records and information generated by a
precious metal dealer in the course of business are confidential under
IC 5-14-3-4.
Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.
Terms Used In Indiana Code 24-4-19-20
- precious metal: means :
Indiana Code 24-4-19-6
- precious metal dealer: means a person who engages in the business of purchasing precious metal for the purpose of reselling the precious metal in any form. See Indiana Code 24-4-19-7
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- purchase: means to acquire property in exchange for cash, credit, or other valuable consideration. See Indiana Code 24-4-19-8
(b) A law enforcement officer (as defined in IC 3-6-6-36(a)) may obtain or receive records and information described in subsection (a) relating to the purchase of precious metal for use in investigating crime.
(c) Law enforcement officials may disclose the name and address of the precious metal dealer to an adverse claimant in the case of a dispute over ownership of property in possession of the precious metal dealer.
As added by P.L.222-2013, SEC.3.