For all municipal business license questions, contact: City of South Bend • Department of Community Investment
227 West Jefferson Blvd • Suite 1400 S •South Bend, Indiana 46601 • 574.235.5912 • F: 574.235.9021
LICENSE APPLICATION FOR – PRECIOUS METALS DEALER
MUNICIPAL CODE SECTION – 4-44
DEFINITION:
Precious Metals Dealer refers to any person who claims to the public to be a purchaser of
precious metals, or who in doing business engages in purchasing, trading, or offering by
consignment silver, gold or other precious metals.
GENERAL INSTRUCTIONS:
1. Print legibly and complete all sections to ensure efficient processing.
2. Assemble all required information and materials before filing application.
3. Thoroughly review all applicable Municipal Code Sections listed above.
4. Licenses expire January 31.
5. Add 10% to license fee for renewal after January 31.
6. Application processing fee payable to City of South Bend is due with the application.
7. License fee payable to City of South Bend due at issuance - $75.00.
8. Report daily transaction to the SBPD in electronic form. The SBPD utilizes LeadsOnline as
the sole means to electronically accept these daily transaction reports. Go to
www.leadsonline.com to register your business.
APPLICATION PROCESS:
1. Submit application with $5.00 processing fee.
2. Police background check of applicant.
3. License issued upon approval and payment of the license fee.
4. Precious Metals Reports and Records to be filed and maintained per Municipal Code Section
4-44.
NOTE – IN ADDITION TO THE ABOVE, PRECIOUS METAL DEALERS MUST REGISTER WITH THE
SECRETARY OF STATE’S OFFICE
As of January 1, 2014, all precious metal dealers, commonly referred to as cash for gold, are
required to register as a dealer annually with both the Indiana Secretary of State’s office and
local law enforcement (The Department of Community Investment Business Licensing processes
the local registry on behalf of the law enforcement). Precious metal dealers can register online
with the Secretary of State’s office at https://secure.in.gov/apps/sos/precious/.
Be aware, this registration is to do business as a precious metal dealer in Indiana. You must
separately register as a business in the State of Indiana with the Indiana Secretary of State’s
office as well. Businesses can register online with the Secretary of State’s office at
https://inbiz.in.gov/BOS/Home/Index.