Precious metals purchased or exchanged by any dealer shall be retained by the dealer for at least 5 business days after the precious metals are entered into the Leads Online system as provide in Chapter 116B of the Newport Code of Ordinances before disposal of the articles and kept in an accessible place at his or her place of business where the precious metals were purchased or received. A tag shall be attached to such articles in some visible and convenient place with the number written thereon corresponding to the entry number on the report required by § 116.02.
(1995 Code, § 5.40.050) (Am. Ord. O-2013-013, passed 8-19-2013)