§ 66-420 – Definitions.
66-420. Definitions. The following definitions apply in this Part: (1) Cash card system. – A system of payment that provides payment in cash or in a form other than cash and that when providing payment in the form of cash (i) captures a photograph of the seller at the time payment is received and (ii) […]
§ 66-420.1 – Applicability.
66-420.1. Applicability. This Chapter shall not apply to a salvage yard regulated pursuant to Chapter 20 of the General Statutes, unless the salvage yard is engaged in the business of gathering or obtaining ferrous or nonferrous metals that have served their original economic purpose and is in the business of performing the manufacturing process by […]
§ 66-421 – Required records and receipts for regulated metals transactions.
66-421. Required records and receipts for regulated metals transactions. (a) Receipt Required. – A secondary metals recycler shall issue a receipt for all purchase transactions in which the secondary metals recycler purchases regulated metals property. This receipt shall be issued to and signed by the person delivering the property, and the secondary metals recycler shall […]
§ 66-422 – Inspection of regulated metals property and records.
66-422. Inspection of regulated metals property and records. (a) Retention of Records. – A secondary metals recycler shall keep and maintain the information required under G.S. 66-421(b) for not less than two years from the date of the purchase of the regulated metals property. Records shall be securely maintained at all times and shall be […]
§ 66-423 – Hold notices for nonferrous metals; retention of nonferrous metals.
66-423. Hold notices for nonferrous metals; retention of nonferrous metals. (a) Hold Notices. – When a law enforcement officer has reasonable suspicion to believe that any item of nonferrous metal in the possession of a nonferrous metals purchaser has been stolen, the law enforcement officer may issue a hold notice to the nonferrous metals purchaser. […]
§ 66-424 – Prohibited activities and transactions.
66-424. Prohibited activities and transactions. (a) A secondary metals recycler shall not do any of the following: (1) Operate any business that cashes checks at a fixed site at which the secondary metals recycler purchases regulated metals property. (2) Purchase nonferrous metals for the purpose of recycling the nonferrous metals, unless the nonferrous metals purchaser […]
§ 66-425 – Permissible payment methods for nonferrous metals purchasers.
66-425. Permissible payment methods for nonferrous metals purchasers. Limitation on Cash Purchases. No nonferrous metals purchaser shall enter into a cash transaction for the purchase of copper, and no nonferrous metals purchaser shall purchase any nonferrous metal property for any cash consideration greater than one hundred dollars ($100.00) per transaction. Any payment in excess of […]
§ 66-426 – Issuance of nonferrous metals purchase permits by Sheriff; form; fees; recordkeeping.
66-426. Issuance of nonferrous metals purchase permits by Sheriff; form; fees; recordkeeping. (a) Issuance of Permits. – The sheriff of each county shall issue a nonferrous metals purchase permit to an applicant if the applicant (i) has a fixed site in the sheriff’s county; (ii) declares on a form provided by the sheriff that the […]
§ 66-427 – Exemptions.
66-427. Exemptions. This Part does not apply to: (1) Purchases of regulated metals property from a manufacturing, industrial, government, or other commercial vendor that generates or sells regulated metals property in the ordinary course of its business. (2) Purchases of regulated metals property that involve only beverage containers, except that G.S. 66-423 shall apply in […]
§ 66-408 – Perjury; punishment.
66-408. Perjury; punishment. Any person who shall willfully commit perjury in any application for a permit or exemption filed pursuant to this Part shall be guilty of a Class 2 misdemeanor. (1981, c. 956, s. 1; 1993, c. 539, s. 525; 1994, Ex. Sess., c. 24, s. 14(c); 2012-46, ss. 15, 19.)