HomeMy WebLinkAboutORDINANCE NO. 12 12 157l
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STATE OF GEORGIA ORDINANCE NO. 12-12-157
COUNTY OF FULTON
AN ORDINANCE TO AMEND CHAPTER 42. ARTICLE III, SECTION 42-7Hb)(l) OF THE
CITY OF MILTON ORDINANCES TO CREATE THE REQUIREMENT FOR PRECIOUS
METALS DEALERS TO ASSIGN A SEQUENTIAL TRANSACTION NUMBER TO
DOCUMENT EACH TRANSACTION
BE IT ORDAINED by the City Council of the City ofMilton, GA while in a regularly called council
meeting on December 17,2012 at 6:00 p.m. as follows:
SECTION 1. That the Ordinance relates to Amending Section 42-71(b)(l) of Article III of
Chapter 42, in regards to creating the requirement for precious metals dealers to assign a
sequential transaction number to document each transaction, and;
SECTION 2. All ordinances, parts ofordinances, or regulations in conflict herewith are
repealed;
SECTION 3. That this Ordinance shall become effective upon its adoption.
ORDAINED this the 17th day of December, 2012
Attest:
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l Part II -CODE OF ORDINANCES
Chapter 42 -SECONDHAND GOODS
ARTICLE III. -PRECIOUS METALS DEALERS
Sec. 42-71. -Records and information to be maintained; display of transaction number;
identification; digital photographs; fingerprints; records storage.
(a) Engaging in the business of buying used or previously owned precious metals within the
incorporated areas of Milton is hereby declared to affect the public interest due to the opportunity it
affords for the disposal of stolen property.
(b) In the public interest and as set forth herein, all precious metals dealers shall maintain records
documenting all precious metals transactions as set forth herein.
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(1) All precious metals dealers shall maintain records documenting accurate descriptions of all
property sold to the precious metals dealer. Such description shall include, to the extent
possible, the manufacturer, model, serial number, style, material, kind, color, design, number of
stones if jewelry, and all other identifying names, marks, and numbers. The precious metals
dealers shall assign a sequential transaction number which shall follow the previous transaction
number one by one with no numbers skipped or omitted, documenting each transaction, and
ensure each item received is tagged with the transaction number.
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