Texas Occupations Code - OCC § 1956.051. Definitions

(1) “Commission” means the Finance Commission of Texas.

(2) “Commissioner” means the consumer credit commissioner.

(3) “Crafted precious metal” means jewelry, silverware, an art object, or another object, made wholly or partly from precious metal and used primarily for personal, family, or household purchases.  The term does not include:

(4) “Dealer” means a person registered to engage in the business of purchasing and selling crafted precious metal, including purchases or sales made through the mail.

(5) “Department” means the Texas Department of Public Safety.

(5-a) “Jewelry store” means a retail establishment that derives 75 percent or more of its annual revenue from the sale to consumers of crafted precious metal or other items of personal adornment, including watches, bracelets, necklaces, brooches, rings, and earrings.

(6) “Precious metal” means gold, silver, platinum, palladium, iridium, rhodium, osmium, ruthenium, or an alloy of those metals.