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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>68928</law_id><section_number>54.1-4102</section_number><catch_line>Credentials and statement of ownership required from seller</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="54.1">Professions and Occupations</unit><unit label="subtitle" level="2" order_by="1" identifier="V">Occupations Regulated by Local Governing Bodies</unit><unit label="chapter" level="3" order_by="1" identifier="41">Precious Metals Dealers</unit></structure><text>
						<section><p>No <span class="dictionary">dealer</span> shall purchase <span class="dictionary">precious metals</span> or <span class="dictionary">gems</span> without first (i) ascertaining the identity of the seller by requiring an unexpired identification card issued by a governmental agency with the current legal address and a photograph of the seller thereon, and at least one other corroborating means of identification, and (ii) obtaining a statement of ownership from the seller. If the government-issued identification card does not bear the current legal address, the person shall present other documentation verifying his current legal address.
		The governing body of the locality wherein the <span class="dictionary">dealer</span> conducts his business may determine the contents of the statement of ownership.</p></section></text><history>1981, c. 581, &#xA7; 54-859.17; 1986, c. 316; 1988, c. 765; 2019, c. 457.</history><metadata></metadata></law>
