(a) (1) No person requiring a license under this chapter shall sell, dispose of, or remove from the place of business any article of secondhand property for 30 calendar days after receipt of such article of secondhand property or take apart or melt any article of secondhand property or remodel or rebuild the same until such person shall have made a record of his intention to do so. Such record shall contain a description of such article of secondhand property and all other data required under this chapter to be recorded in the secondhand dealer's record of purchases, sales and exchanges.
(2) In the case of jewelry, watches, other precious metals or precious stones, cell phones or other wireless communication devices, the record required under subsection (a)(1) of this section shall also contain a receipt, signed by the seller under the penalty of law, which (i) describes such article of secondhand property, including its weight in the case of jewelry, watches or other precious metals or precious stones, and its Mobile Equipment Identifier (MEID), International Mobile Station Equipment Identity (IMEI) or Electronic Serial Number (ESN) in the case of cell phones or other wireless communication devices; and (ii) contains a statement indicating that the seller accepts the stated price received for said article of secondhand property; and (iii) contains a statement that the seller is of lawful age; that the driver's license number or other government-issued identification number and all other identifying information provided by the seller are true and correct; and that the seller is the lawful owner of the article of secondhand property with absolute authority to sell such article of property.
(3) It shall be unlawful for any seller to submit false or fraudulent information on any receipt required under paragraph (2) this subsection (a) to be signed by such seller.
(4) All articles of secondhand property received by any person requiring a license under this chapter shall be kept intact at such person's licensed place of business for inspection by authorized city officials for at least thirty calendar days after receipt of such article of secondhand property. Notwithstanding anything to the contrary in this section, a licensee may resell any used digital audio disc or any used digital video disc five days after acquiring it.
(b) It shall be unlawful for any licensee under this chapter to advise or require any person selling or desiring to sell any watch or jewelry to such licensee to disassemble such watch or jewelry or to remove any precious stone or gem from such watch or jewelry or to make such disassembly or removal a condition of purchase of such watch or jewelry by the licensee. As used in this subsection (b), the term "licensee" means any person that holds or is required to hold a license under this Chapter 4-264 or any agent or employee thereof.
(Added Coun. J. 12-9-92, p. 25465; Amend Coun. J. 2-26-97, p. 40141; Amend Coun. J. 8-30-00, p. 39783, § 1; Amend Coun. J. 10-1-03, p. 8865, § 3; Amend Coun. J. 9-8-10, p. 99259, § 3; Amend Coun. J. 7-30-14, p. 85719, § 6)