(A) In addition to any other occupational license required by the municipality, each precious metals dealer must obtain a license from the municipality for the privilege of conducting the business of second hand transactions in items containing precious metals.
(B) A precious metals dealers license shall be issued by the Clerk-Treasurer after receipt of a notice from the Police Department that the prospective licensee has complied with application requirements of this chapter.
(C) A precious metals dealers license must be applied for to the Police Department. Such application shall be on a standard form furnished by the Police Department and shall contain all information determined by that Department to be necessary for an evaluation of the applicant’s eligibility for licensure.
(D) The Police Department shall, within 20 working days of receipt of a completed application form, make a complete review of the accuracy of the information contained therein, including a criminal records check on any individual named therein. The following standards shall apply concerning issuance:
(1) No license shall be issued to or held by any person not of good moral character, nor shall a license be issued to any corporation or partnership whose chief officers or members are persons not of good moral character.
(2) No dealer, canvasser, or solicitor shall have been convicted of a felony involving moral turpitude.
(3) No dealer, canvasser, or solicitor shall have been convicted of a criminal misdemeanor involving moral turpitude within the past two years.
(4) As part of the application process, a prospective dealer must present proof that, if approved for licensure, he or she can secure an approved indemnity bond in the amount determined by the municipality, issued by a surety company authorized to transact business within the state or can post a cash bond in such amount.
(E) The Clerk-Treasurer shall issue the license upon notification by the Police Department and upon posting of the surety or cash bond.
(F) If the application is to be denied, the Police Department shall provide the applicant with such written notification, including a statement of the reasons of denial, and any aggrieved applicant shall, within 30 days of such action, have a right to request a hearing before the Chief of Police.
(G) The Police Department shall have the authority to suspend or revoke any license issued pursuant to this chapter for any violation of the terms of this chapter. However, any aggrieved licensee shall, within 30 days of such action, have a right to request a hearing before the legislative body.
(H) Licenses issued under this section shall not be transferable. An individual license is required for each place of business conducted by a dealer. The license, or a copy thereof, must be posted in a conspicuous place in each place of business.
(I) The cost of the precious metals dealers license shall be $25 per year which is not pro-ratable, but which shall apply as a credit to any license fee due pursuant to any other provision of this code.
Penalty, see § 112.99
Statutory reference:
Authority to regulate businesses, professions, and occupations, see IC 36-8-2-10