HARRY HUGHES, Governor                                  4791

(a)  (1) Each dealer shall maintain written records on
forms supplied by the Secretary of all business transactions
involving acquisitions of precious metals at the time the
transactions are made.

(2) EACH PAWNBROKER SHALL MAINTAIN WRITTEN
RECORDS ON FORMS SUPPLIED BY THE SECRETARY OF ALL BUSINESS
TRANSACTIONS INVOLVING;

(I) A LOAN OF MONEY ON DEPOSIT OR PLEDGE
OF PERSONAL PROPERTY OR OTHER VALUABLE THING, OTHER THAN
SECURITIES OR PRINTED EVIDENCES OF INDEBTEDNESS; OR

(II)  A PURCHASE OF PERSONAL PROPERTY OR
OTHER VALUABLE THING ON CONDITION OF SELLING THE SAME BACK
AT A STIPULATED PRICE.

[(2)] (3) A separate record entry shall be made
for each item involved in a transaction. However, items in
a matching set may be recorded as a set if acquired in a
single transaction.

(b) The records shall include:

(1) The place, time, and date of each
transaction;

(2) If the transaction is by agent, the name and
address of the principal;

(3) A description of the precious metal that is
the subject of the transaction, including:

(i) The approximate metallic composition;

(ii) Any jewels, stones, or____glass

components;

(iii) A listing of all numbers, marks,
monograms, words, trademarks, manufacturers' marks; and

(iv) Any other marks of identification

appearing on the item, including owner applied

identification marks;

(v) The weight of the item, if payment is
based on weight;

(vi) Whether the item   appears to have been

altered since its manufacture, such     as by melting, or

covering or defacing a serial number or   identifying feature,
or recutting a gem; and

(vii) The actual amount paid or other
consideration for the transaction;