Legislative Session number- 88

Bill Name: SF0382

3E Relating to commerce; regulating bullion coin dealers; defining certain
terms; requiring registration, authorizing a registration fee and appropriating
money derived from fees for regulation enforcement purposes; providing for
commissioner of commerce registration denial, nonrenewal, revocation, and
suspension; requiring registration denial for criminal convictions; requiring
dealers to establish a screening process for owners, officers and coin dealer
representatives; requiring dealers to maintain a current, valid surety bond;
prohibiting the coin dealer or coin dealer representative from engaging in
certain conduct; providing for violations to be considered consumer fraud;
establishing a criminal penalty for coin dealers and coin dealer representatives
failing to register; authorizing commissioner to institute civil action,
specifying available court relief, providing for commissioner of commerce
enforcement authority
(me)