§ 112.02  SECONDHAND PRECIOUS METAL BUSINESS DEFINED.
   A SECONDHAND PRECIOUS METAL BUSINESS is hereby defined to mean any person, firm, corporation or association engaged in the business of purchasing trading for or otherwise acquiring ownership of any secondhand article made, in whole or in parts of gold or silver or platinum. For purposes of this chapter, the term SECONDHAND ARTICLE shall mean an article which has been used or which has been previously traded or sold by a retailer. For purposes of this chapter, the term SECONDHAND ARTICLE shall not include any coin or any gold or silver ingot or bar.
(Prior Code, § J-III-2)