§ 2-19-106. Holding period.

(1)

A secondhand dealer must maintain actual physical possession of all regulated secondhand goods on the registered premises throughout the required hold period.

(2)

A secondhand dealer shall not sell, barter, exchange, alter, adulterate, use, or in any way dispose of any regulated secondhand good received as part of a transaction for a period of thirty (30) calendar days from the date the transaction record was received by the Manatee County Sheriff's Office.

(3)

Upon the expiration of the holding period, the secondhand dealer shall notify, in writing, the appropriate law enforcement official by certified mail, return receipt requested, that the holding period has expired. If, on the tenth (10 ^th ) day after written notice has been received by the appropriate law enforcement official and the secondhand dealer has not received a court ordered extension of the hold period on the property, then title to the property shall vest in and be deemed conveyed by operation of law to the secondhand dealer, free of any liability for claims, but subject to the provisions of this section.

(Ord. No. 14-12, § 1, 2-25-14; Ord. No. 18-26 , § 3, 4-24-18)