Sec. 5. A foreign entity registered under this chapter is entitled to sell precious metals bullion and currency at a trade fair or coin show in Indiana during the term of the temporary registration if the contract:

(1) is for the purchase of precious metals bullion or currency;

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Terms Used In Indiana Code 24-4-20-5

  • Contract: A legal written agreement that becomes binding when signed.
(2) requires physical delivery of the quantity of the precious metals bullion or currency purchased not later than twenty-eight (28) calendar days after payment in full of the purchase price; and

(3) provides for the purchaser to receive physical delivery of the quantity of precious metals bullion or currency purchased not later than twenty-eight (28) calendar days after payment in full of the purchase price.

As added by P.L.195-2016, SEC.2. Amended by P.L.85-2017, SEC.93.