§ 115.08 EXCEPTIONS.

   (A)   Transactions between a pawnbroker, secondhand dealer, precious metals and stones dealer or valuable metals dealer and a not-for-profit organization shall be excluded from the sales, record keeping and reporting requirements outlined in §§ 115.02 through 115.04.

   (B)   All business entities, properly registered as nonprofit organizations with the Internal Revenue Service, will obtain exempt status upon providing the necessary Federal Tax ID number and other business entity documentation defining its nature and existence.

(Ord. 6584, passed 8-10-09)