{"data":{"id":"us-tx/tex.-occupations-code-1956.055","jurisdiction":"us-tx","citation":"Tex. Occupations Code § 1956.055","heading":"EXCEPTION: CRAFTED PRECIOUS METAL ACQUIRED FROM ANOTHER DEALER WHO PREVIOUSLY MADE REQUIRED REPORTS.","body":"This subchapter does not apply to crafted precious metal acquired in good faith in a transaction involving the stock-in-trade of another dealer who previously made the reports concerning that metal as required by this subchapter if:\n(1) the selling dealer delivers to the acquiring dealer a written document stating that the reports have been made;\n(2) the acquiring dealer submits a copy of the statement to the chief of police of the municipality or the sheriff of the county in which the selling dealer is located; and\n(3) each dealer involved in the transaction retains a copy of the statement until the third anniversary of the date of the transaction.\nAdded by Acts 2001, 77th Leg., ch. 1421, Sec. 4, eff. June 1, 2003.","path":["OCCUPATIONS CODE","TITLE 12. PRACTICES AND TRADES RELATED TO WATER, HEALTH, AND SAFETY","SUBTITLE B. PRACTICES RELATED TO HEALTH AND SAFETY","CHAPTER 1956. METAL RECYCLING ENTITIES","SUBCHAPTER B. SALE OF CRAFTED PRECIOUS METAL TO DEALERS"],"source_url":"https://statutes.capitol.texas.gov/Docs/OC/htm/OC.1956.htm#1956.055","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:31Z","sha256":"747dbcac1883cdf72d0e3eece604f5386ab6b95528380d105fc132cc901678dc","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-occupations-code-1956.0511","next":"us-tx/tex.-occupations-code-1956.056"},"notice":"GroundRules: Original legal text. Not legal advice."}