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Indiana Code Title 24. Trade Regulation § 24-4-19-6

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 6. (a) As used in this chapter, “precious metal” means:

(1) used jewelry;  and

(2) other used articles of personal property that:

(A) are made of gold, silver, or platinum;  and

(B) were previously purchased at retail, acquired by gift, or obtained in some other fashion by a consumer.

(b) The term does not include:

(1) mint issued coins;

(2) ingots;  or

(3) industrial residue or byproducts that contain gold, silver, or platinum purchased from manufacturing firms.

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Cite this article: FindLaw.com - Indiana Code Title 24. Trade Regulation § 24-4-19-6 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-24-trade-regulation/in-code-sect-24-4-19-6/

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