IC 25-37.5-1-10: Commercial transactions of valuable metal

Sec. 10. Sections 8 and 9 of this chapter do not apply to commercial transactions between two (2) or more of the following:

(1) An entity licensed by the secretary of state under IC 9-32-9 as:

(A) an automotive salvage rebuilder;

(B) a disposal facility; or

(C) a used parts dealer.

(2) A valuable metal dealer.

(3) An automobile scrapyard (as defined by IC 9-13-2-8).

(4) A scrap metal processor (as defined by IC 9-13-2-162).