Ch. 509

19% LAWS OF MARYLAND

12-305.

(a) A dealer who acquires a precious metal object shall keep it in the county
where the dealer holds a license for at least [18] 21 days after submitting a copy of a
record of its acquisition under § 12-304 of this subtitle.

12-401.

(a)     This section applies to all [dealers and all] pawnbrokers wherever located in
the State FOR EACH BUSINESS TRANSACTION THAT DOES NOT INVOLVE THE
ACQUISITION OF A SECONDHAND PRECIOUS METAL OBJECT.

(b)     A [dealer or] pawnbroker shall release to the primary law enforcement unit
an item of personal property, other than a security or printed evidence of indebtedness,
located at the place of business of the [dealer or] pawnbroker if:

(1)     the item is established to have been stolen;

(2)     the owner of the item or victim of the theft hast
(i) positively identified the item; or

(ii) provided an affidavit of ownership; [and]

(3)     THE OWNER OF THE ITEM OR THE AGENT OR DESIGNEE OF THE
OWNER HAS PROVIDED AN AFFIDAVIT OF OWNERSHIP;

(3) (4)     the stolen property report describes the item by:

(i)     a date;

(ii)    initials;

(iii)   an insurance record;

(iv)    a photograph;

(v)     a sales receipt;

(vi)    a serial number;

(vii)   specific damage;

(viii) a statement of the facts that show that the item is [1] ONE of a
kind; or

(ix) a unique engraving.; AND

(5) THE PRIMARY LAW ENFORCEMENT UNIT PROVIDES TO THE DEALER
OR PAWNBROKER A RECEIPT THAT DESCRIBES THE ITEM AND THAT NOTIFIES THE
DEALER OR PAWNBROKER OF THE DEALER'S OR PAWNBROKER'S RIGHT TO FILE AN
APPLICATION FOR A STATEMENT OF CHARGES AGAINST THE INDIVIDUAL WHO
SOLD THE ITEM TO THE DEALER OR PAWNBROKER, OR OTHER ALLEGED THIEF FOR
THEFT UNDER ARTICLE 27, § 342 OF THE CODE

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