Q Is a merchant in the business of purchasing gold and precious items from the public at a fixed place of business subject to the provisions of House Bill 1195?

A No. House Bill 1195 prohibits transient vendors from engaging in the business of purchasing precious items for the purpose of resale. The provisions of this bill do not apply to merchants operating at a fixed place of business. (Attorney Generalís Opinion to Gore dated July 29, 2011)