In order to verify the existence or the nonexistence of a security interest, a buyer in the ordinary course of business, commission merchant or selling agent may request a seller to disclose such seller’s social security number or, in the case of a seller doing business other than as an individual, the internal revenue service taxpayer identification number of such seller.
History: Laws 1987, ch. 177, § 10.
ANNOTATIONS
Compiler’s notes. — Laws 1995, ch. 190, § 19 amended Laws 1987, ch. 177, § 16, as amended by Laws 1992, ch. 8, § 1, to delete the provision providing that Laws 1987, ch. 177 is effective until July 1, 1997.