§ 116.01. DEFINITIONS.
Latest version.
- For the purpose of this chapter, the following definitions shall apply unless the context clearly indicates or requires a different meaning.DEALER. Any natural person, partnership, joint venture, corporation or combination thereof, engaged in the business of operating a gold and silver exchange.GOLD AND SILVER EXCHANGE. Any operation conducted for profit in which precious metals, in any form, are purchased, sold, exchanged or received.PRECIOUS METALS. Include, but are not limited to gold and silver, as well as items of personal property which are wholly or partly made of such metals.(1995 Code, § 5.40.010)