Sec. 1956.0612. REGISTRATION AS DEALER. (a) A person may not engage in the business of purchasing and selling crafted precious metal unless the person is registered with the commissioner as a dealer under this section.
(b) To register as a dealer, a person must provide to the commissioner, on or before December 31 preceding each calendar year in which the person seeks to act as a dealer:
(1) a list of each location in this state at which the person will conduct business as a dealer; and
(2) a processing fee for each location included on the list furnished under Subdivision (1).
(c) The commissioner shall prescribe the processing fee in an amount necessary to cover the costs of administering this section.
(d) After the December 31 deadline, a dealer may amend the registration required under Subsection (a) to reflect any change in the information provided by the registration.
(e) The commissioner shall make available to the public a list of dealers registered under this section.
(f) The commissioner may prescribe the registration form.
(g) A reference to a registration in another subchapter of this chapter does not apply to a person to the extent the person is registered under this subchapter.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1298 (H.B. 2490), Sec. 4, eff. January 1, 2012.
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