IC 25-37.5-1-4: Separation of purchases; inspection

Sec. 4. Except as provided in section 5 of this chapter, every valuable metal dealer shall hold each purchase of valuable metal requiring notification for at least five (5) working days from the date of notification:

(1) at the regular place of business of the valuable metal dealer; and

(2) separate and apart, so that it is readily identifiable from all other purchases.

During this period, a valuable metal dealer may not change the form of the valuable metal and shall permit any law enforcement officer to make inspection of the valuable metal purchased.