1 Miss. Code. R. 13-5.2

Current through December 10, 2024
Rule 1-13-5.2 - Customer Transaction Report

Applicants and Scrap Metal Dealers shall ensure that each Customer Transaction Report is completed in its entirety. This shall include having the seller of Metal Property provide written affirmation that the seller is the rightful owner of the Metal Property or is entitled to sell the property on behalf of the true owner. Where the Metal Property being acquired is HVAC equipment (including air conditioner evaporator coils or condensers), this affirmation shall consist of a written statement provided by the seller that he is a locally licensed (permit/privilege license) HVAC business or contractor. The written affirmation statement may be maintained through the use of the Daily Signature Sheet, a form authorized by the Secretary of State and available on the Secretary of State's website. The Daily Signature Sheet recommended by the Secretary of State satisfies the requirements of Mississippi Code Annotated Sections 97-17-71(2)(f) (statement of rightful ownership from seller) and 9717-71.2 (HVAC representation). Use of the Daily Signature Sheet available on the Secretary of State's website is not required. Any Dealer or Dealer/Processor may develop their own form or written system to use in their business so long as it complies with Sections 97-17-71(2)(f) and 97-17-71.2. The Daily Signature Sheet or any comparable version in use by a Dealer is never filed with the Secretary of State's Office or with the Secretary's Agent. These are maintained at the business for a period of two (2) years from the date of the purchase transaction.

1 Miss. Code. R. 13-5.2

Miss. Code Ann. § 97-17-71.1(1)(b).
Amended 7/1/2022