§ 17-23-206 - Records.
17-23-206. Records.
(a) Every person licensed under this chapter shall keep a record book obtained from or under the direction of the Department of Arkansas State Police containing a comprehensive record of all transactions concerning precious metals involving an amount in excess of fifty dollars ($50.00).
(b) The record shall include the name, address, and telephone number of the seller and a complete and accurate description of the property purchased, including any serial numbers or other identifying marks or symbols and the date and hour of the transaction.
(c) All persons licensed under this chapter shall at least weekly deliver or mail to the chief law enforcement officer of the city or town or the sheriff of the county in which the business is located a copy of all entries in the record required to be kept by subsections (a) and (b) of this section during the preceding seven-day period.
(d) All records and reports received by the chief law enforcement officer of the city or town or sheriff of the county shall be available for inspection only by law enforcement officers for law enforcement purposes.