Current through the 2024 Legislative Session
Section 445-233.5 - Payment for copper, palladium, platinum, or rhodium purchased by scrap dealer or recycler; check; mailing(a) If the scrap dealer or recycler, as applicable, purchases any copper, palladium, platinum, or rhodium, payment for the copper, palladium, platinum, or rhodium shall be made by check payable to the seller. At the time of sale of the copper, palladium, platinum, or rhodium, the seller shall present to the scrap dealer or recycler a valid photo identification card or driver's license of the seller issued by a federal or state government agency authorized to issue valid identification. The check may be mailed to the address shown on the identification, or the scrap dealer or recycler may arrange for the check to be picked up personally by the seller at the place of business of the scrap dealer or recycler.(b) As used in this section, "recycler" means a person who is engaged in the business of recycling, as defined in section 342G-1.Amended by L 2022, c 88,§ 7, eff. 1/1/2023.