(a) A person commits a Class A misdemeanor who knowingly and with the intent to conceal or misrepresent the identity of an item:
(1) Alters, covers, defaces, destroys or removes the permanent serial number, manufacturer's identification plate or other permanent distinguishing number from such item; or
(2) Sells, buys or has possession of such item.
(b) This section does not in any way affect §§ 55-5-111 and 55-5-112, relative to motor vehicles.