Exception: Crafted Precious Metal Acquired From Or Reported To Governmental Agency

Sec. 1956.059. EXCEPTION: CRAFTED PRECIOUS METAL ACQUIRED FROM OR REPORTED TO GOVERNMENTAL AGENCY. This subchapter does not apply to crafted precious metal: (1) acquired as surplus property from the United States, a state, a subdivision of a state, or a municipal corporation; or (2) reported by a dealer as an acquisition or a purchase, or reported as destroyed or otherwise disposed of, to: (A) a state agency under another law of this state; or (B) a municipal or county office or agency under another law of this state or a municipal ordinance. Added by Acts 2001, 77th Leg., ch. 1421, Sec. 4, eff. June 1, 2003.