Cal. Code Regs. tit. 4 § 12301.1

Current through Register 2024 Notice Reg. No. 50, December 13, 2024

Section 12301.1 - Claim of Exemption by Antique Collector; Form

(a) An antique collector may obtain an exemption from registration under this chapter if the antique collector satisfies all of the following requirements:

(1) Submits a completed Antique Collector Claim of Exemption, BGC-039 (Rev. 10/17), which is hereby incorporated by reference, in which the antique collector declares under penalty of perjury in the form specified in section 2015.5 of the Code of Civil Procedure that the information provided in the application is accurate and complete.

(2) The antique collector maintains and retains in California for a period of five years a record of each transaction showing the names and addresses of all parties to the transaction.

(b) Any antique collector who intends to sell, exchange, or transfer more than five antique slot machines within a calendar year shall register as a manufacturer or distributor as otherwise required by this chapter.

(c) The records of slot machine transactions and the inventory of slot machines in the possession of any antique collector shall be subject to inspection by representatives of the Bureau during normal business hours.

Cal. Code Regs. Tit. 4, § 12301.1

1. New section filed 2-20-2004; operative 2-20-2004 (Register 2004, No. 8).
2. Change without regulatory effect amending subsection (a)(1) filed 1-30-2007 pursuant to section 100, title 1, California Code of Regulations (Register 2007, No. 5).
3. Change without regulatory effect amending subsections (a)(1) and (c) filed 8-8-2008 pursuant to section 100, title 1, California Code of Regulations (Register 2008, No. 32).
4. Change without regulatory effect amending subsection (a)(1) filed 9-30-2011 pursuant to section 100, title 1, California Code of Regulations (Register 2011, No. 39).
5. Change without regulatory effect amending subsections (a)(1) and (c) filed 6-3-2013 pursuant to section 100, title 1, California Code of Regulations; operative 7-1-2013 in accordance with Governor's Reorganization Plan No. 2 of 2012 (Register 2013, No. 23).
6. Change without regulatory effect amending form BGC-039 (incorporated by reference) and subsection (a)(1) filed 12-7-2017 pursuant to section 100, title 1, California Code of Regulations (Register 2017, No. 49).

Note: Authority cited: Sections 19823, 19824, 19840 and 19841(r), Business and Professions Code. Reference: Sections 19805(b), 19841(r) and 19951(a), Business and Professions Code; Section 2015.5, Code of Civil Procedure; Section 330.8, Penal Code; Chapter 24 (commencing with Section 1171) of Title 15 of the United States Code.