Reference is to Printer's Date 4/24/13-H.
Amend the bill, as and if amended, Section 40-54-50(C), as contained in SECTION 4, by deleting the subsection in its entirety.
Amend the bill further, Section 40-54-100, as contained in SECTION 6, by deleting the SECTION in its entirety and inserting:
/ SECTION 6. Section
40-54-100 of the 1976 Code is amended to read:
"Section 40-54-100. This chapter shall not apply to the following specific transactions:
(1) a transaction between dealers of precious metals where the selling dealer has already complied with the
applicable holding period, nor shall they apply to
transactions between coin dealers and coin collectors occurring
at regularly scheduled numismatic conventions. However, this
exemption only applies to transactions between coin dealers and
coin collectors occurring at regularly scheduled numismatic
conventions for the purchase of coins.
(2) the purchase of manufactured items bought directly from the manufacturer or his authorized representatives.
(3) the purchase of bulk precious metals brought directly from the commodity exchanges, banks, dealers or licensed brokers.
(4) the use of a coin strictly as legal tender." /
Renumber sections to conform.
Amend title to conform.