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§ 116.03 RECORDS REQUIRED; INSPECTIONS.
   All gold and silver exchange dealers shall keep a record of their transactions. These records shall be open at all reasonable times for inspection by the Police Department.
(1995 Code, § 5.40.030)
§ 116.04 POSTING OF BUSINESS SIGN REQUIRED.
   Any dealer, or any person who purchases, sells, exchanges or receives precious metals or any items, shall keep up in a conspicuous place in or upon the shop, store or place of business, a sign having his or her name and occupation inscribed thereon, the sign to be in conformity with the sign regulations of the Newport zoning ordinance.
(1995 Code, § 5.40.040)
§ 116.05 TAGGING MERCHANDISE; RESTRICTIONS ON RESALE.
   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)
§ 116.06 DEALING WITH MINORS.
   No dealer hereunder shall directly or indirectly purchase or receive, by way of barter or exchange or otherwise, any articles from any minor, or when he or she knows or has reason to believe him or her to be such.
(1995 Code, § 5.40.060) Penalty, see § 10.99
§ 116.07 HOURS OF OPERATION.
   No dealer hereunder shall purchase, sell or exchange or receive any article from any person between the hours of 9:00 p.m. and 7:00 a.m.
(1995 Code, § 5.40.070) Penalty, see § 10.99
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