N.C. Gen. Stat. § 66-425

Current through Session Law 2024-11
Section 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 one hundred dollars ($100.00) per transaction shall be made by check, money order or cash card system. A nonferrous metals purchaser shall not make more than one cash purchase per day from any individual, business, corporation or partnership.

N.C. Gen. Stat. § 66-425

Added by 2012 N.C. Sess. Laws 46,s. 28, eff. 10/1/2012.
The state reviser changed the code section number from § 66-420 to § 66-425.