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<p>[QUOTE="imrich, post: 1668160, member: 22331"]<b>Posts #169 and #174 Define Legality Of Transaction</b></p><p><br /></p><p><br /></p><p><br /></p><p>I believe if you review posts #169 and #174, they clearly? define the transaction to be unlawful in the state of Florida, subject to criminal and civil action.</p><p><br /></p><p>The Florida Statutes define legality of transaction, whereas the much simpler Minnesota Statutes (Post #166) define the legality of commodity and "dealer". In Florida the onus is on the buyer. The Minnesota current tentative legislation places onus on the "Dealer", more readily determining violation of Statute without judicial action. The single transaction defined by the OP would have been unlawful under the proposed Minnesota Statute without Judicial action.</p><p><br /></p><p>The Florida Statutes may require legal interpretation, legal counsel, and possibly requiring judicial action, at minimum consuming Public legal resources. The Minnesota Statute merely ascertains if the exchanged commodity has PM melt value greater than face value, and if the "Dealer" is licensed with a surety bond. Lack of license/bond voids the transaction, with "dealer" subject to immediate citation or/and incarceration. The complaint can be administered similar to a "code" or traffic violation, dependent upon severity/bargaining, without consuming Public legal resources.</p><p><br /></p><p>JMHO :thumb:[/QUOTE]</p><p><br /></p>
[QUOTE="imrich, post: 1668160, member: 22331"][b]Posts #169 and #174 Define Legality Of Transaction[/b] I believe if you review posts #169 and #174, they clearly? define the transaction to be unlawful in the state of Florida, subject to criminal and civil action. The Florida Statutes define legality of transaction, whereas the much simpler Minnesota Statutes (Post #166) define the legality of commodity and "dealer". In Florida the onus is on the buyer. The Minnesota current tentative legislation places onus on the "Dealer", more readily determining violation of Statute without judicial action. The single transaction defined by the OP would have been unlawful under the proposed Minnesota Statute without Judicial action. The Florida Statutes may require legal interpretation, legal counsel, and possibly requiring judicial action, at minimum consuming Public legal resources. The Minnesota Statute merely ascertains if the exchanged commodity has PM melt value greater than face value, and if the "Dealer" is licensed with a surety bond. Lack of license/bond voids the transaction, with "dealer" subject to immediate citation or/and incarceration. The complaint can be administered similar to a "code" or traffic violation, dependent upon severity/bargaining, without consuming Public legal resources. JMHO :thumb:[/QUOTE]
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