California CodesBusiness and Professions Code - BPCDivision 8 — Special Business RegulationsChapter 9 — Secondhand GoodsArticle 4 — Tangible Personal PropertySection 21630
(a) A secondhand dealer or coin dealer shall electronically transmit to CAPSS no later than the next business day after the date of transaction excluding weekends and holidays or, if not then possible due to an electrical, telecommunications, or other malfunction, as soon as reasonable thereafter, the report of acquisition of tangible personal property as required by Section 21628.
(b) Notwithstanding Section 21628, submission of a tangible property acquisition report is not required if the report of an acquisition of the same property from the same customer has been submitted within the preceding 12 months.
Notes
Requires a secondhand or coin dealer to transmit the required tangible-property acquisition report electronically to CAPSS by the next business day after the transaction, excluding weekends and holidays, or as soon as reasonably possible after an electrical, telecommunications, or other malfunction. Exempts a report when the same property's acquisition from the same customer was reported within the preceding 12 months.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 21630 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-8/chapter-9/article-4/section-21630