§ 12-2. Exemptions from subtitle.

(a) Pawnbrokers; scrap metal dealers.

This subtitle does not apply to:

(1) any person licensed as a pawnbroker under Subtitle 11 of this article; or

(2) any person licensed as a scrap metal dealer under Subtitle 8 of this article.

(b) Certain tax-exempt entities.

This subtitle does not apply to any dealer that is exempt from taxation under § 501(c)(3) or § 501(c)(4) of the Internal Revenue Code.