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Searching 2021-2022 Session

The Vermont Statutes Online

 

Title 9 : Commerce and Trade

Chapter 097A : PRECIOUS METAL DEALERS

(Cite as: 9 V.S.A. § 3883)
  • § 3883. Fees; renewal; revocation of certification

    (a)(1) A person who applies for certification pursuant to section 3882 of this title shall pay a nonrefundable fee of $200.00 to the Department of Public Safety.

    (2) A certification shall expire two years from the date it is issued, and may be renewed upon payment of $200.00 and approval of the Department.

    (3) A fee collected under this section shall be deposited into a precious metal dealers certification account within the appropriate public safety special fund, which shall be used by the Commissioner of Public Safety to administer the precious metal dealer certification process established in section 3882 of this title.

    (b) The Department may revoke a certification for cause at any time during the period of the certification after notice and a hearing pursuant to 3 V.S.A. chapter 25.

    (c)(1) The Department shall revoke a certification upon the conviction, on or after January 1, 2015, for a disqualifying offense by a precious metal dealer or one of its principals.

    (2) The Department may revoke a certification upon the conviction, on or after January 1, 2015, for a disqualifying offense by an employee of a precious metal dealer acting within his or her scope of employment when he or she committed the offense.

    (d) A precious metal dealer shall prominently display his or her certification number at his or her place of business, and shall include his or her certification number in each advertisement, in any medium, that promotes the business or services of the precious metal dealer. (Added 2013, No. 196 (Adj. Sess.), § 3, eff. Jan. 1, 2015.)