§ 50-2. Regulated property purchase records.

A person who purchases regulated property for the purpose of resale shall:

(1)

Keep a sales record which indicated the manufacturer or authorized vendor from which the regulated property was purchased; or

(2)

If the regulated property was purchased from other than a manufacturer or authorized vendor, the person shall:

(a)

At the time of purchase, record in a legible manner the name, address, driver's license number or personal identification certificate number of the seller, a description of the property purchased; and the price paid or other consideration exchanged for the property purchased;

(b)

At the time of purchase determine that the photograph on the driver's license or personal identification certificate is a photograph of the seller;

(c)

Retain possession of the property purchased and withhold the property from resale for seven (7) business days;

(d)

Make the purchased property available for inspection by any police officer during regular business hours while the property is in the person's possession; and

(3)

Maintain on file the information required by subparagraph (1) and (2) for one (1) year from date of purchase or until the item is sold, whichever occurs later.

(Ord. No. 3634, § 1, 4-9-81)