11 Hrs
الوطن
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الوطن

2026-11-03T10:37:25.000Z

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Gold Forms Legal Shield

Gold Forms Legal Shield

“A used-gold purchase form records details of the seller, the transaction, and the jewelry, but it does not give the dealer legal or financial immunity. The seller’s signature does not prove ownership or prevent an investigation if the gold turns out to be stolen. Under Article 977 of the Civil Code, the owner may recover stolen gold from a good-faith possessor within three years of the theft, while the form alone is not enough to guarantee that the dealer will recover the amount paid. Said Imbabi recommends an electronic system to verify identities and the source of the jewelry, along with a unified transaction register, in coordination with the relevant authorities.”

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