This law regulates the sale of gold merchandise, prohibiting the sale or possession of gold items that are marked or labeled with a higher carat or fineness than they actually have, with violations classified as a Class 2 misdemeanor. It also addresses the illegal purchase and possession of certain secondhand fixtures and pipes with fraudulent intent, establishing that receiving such items from unauthorized sources is prima facie evidence of intent to defraud. The section related to gold merchandise is active, while the provisions on secondhand materials have been repealed.
Selling or possessing gold items that are marked with a higher carat or fineness than they actually are is a violation, punishable as a Class 2 misdemeanor.
No, the section related to buying and possessing certain secondhand fixtures has been repealed as of July 1, 2006.
Possessing secondhand fixtures or pipes bought from someone other than the manufacturer or authorized owner is prima facie evidence of intent to defraud.
Violations are classified as a Class 2 misdemeanor, which can include fines and potential jail time under Virginia law.