This subchapter does not apply to crafted precious metal:
(1) acquired as surplus property from the United States, a state, a subdivision of a state, or a municipal corporation; or
(2) reported by a dealer as an acquisition or a purchase, or reported as destroyed or otherwise disposed of, to:
(A) a state agency under another law of this state; or
(B) a municipal or county office or agency under another law of this state or a municipal ordinance.
Official text of the Texas Occupations Code as published by the Texas Legislative Council.