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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>56271</law_id><section_number>54.1-4109</section_number><catch_line>Exemptions from chapter</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 id="A"><p><span class="prefix-number">A.</span> The chief <span class="dictionary">law</span>-enforcement officer of a county, city or town, or his designee, may <span class="dictionary">waive</span> by written notice implementation of any one or more of the provisions of this chapter, except &#xA7; <a class="law" title="Prohibited purchases" href="/54.1-4103/">54.1-4103</a>, for particular numismatic, gem, or antique exhibitions or craft shows sponsored by nonprofit organizations, provided that the purpose of the exhibitions is nonprofit in nature, notwithstanding the <span class="dictionary">fact</span> that there may be casual purchases and trades made at such exhibitions. <a id="paragraph-206100" class="section-permalink" href="https://vacode.org/54.1-4109/#A"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> Neither the provisions of this chapter nor any local <span class="dictionary">ordinances</span> dealing with the subject matter of this chapter shall apply to the sale or purchase of <span class="dictionary">coins</span>. <a id="paragraph-206101" class="section-permalink" href="https://vacode.org/54.1-4109/#B"><i class="fa fa-link"/></a></p></section>
						<section id="C"><p><span class="prefix-number">C.</span> Neither the provisions of this chapter nor any local <span class="dictionary">ordinance</span> dealing with the subject matter of this chapter shall apply to any bank, branch thereof, trust company or bank holding company, or any wholly owned subsidiary thereof, engaged in buying and selling gold and silver bullion. <a id="paragraph-206102" class="section-permalink" href="https://vacode.org/54.1-4109/#C"><i class="fa fa-link"/></a></p></section></text><history>1981, c. 581, &#xA7;&#xA7; 54-859.24, 54-859.27; 1984, c. 583, &#xA7; 54-859.28; 1988, c. 765.</history><metadata></metadata></law>
