Secondhand dealers and coin dealers.

Existing law requires secondhand dealers and coin dealers, as defined, to report acquisitions of tangible personal property on a daily basis to local law enforcement authorities, as specified. Existing law requires that report to include the identification of the intended seller or pledger of the property and requires that the person taking the information verify that identification. Existing law provides that this verification is valid if the person taking the information reasonably relies on a specified document that is currently valid or has been issued within 5 years and contains a photograph or description, or both, of the person named on it, is signed by the person, and bears a serial or other identifying number. This bill would remove the signature and serial or identifying number requirements for a document to be reasonably relied upon for verification and would instead provide that a signature or a serial or identifying number is only required for those documents where applicable.