Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 647.098 - Limitations and requirements relating to method of payment by scrap metal processor to seller; receipt required1. For each purchase of scrap metal with a value of $150 or more by a scrap metal processor, the scrap metal processor must pay the seller only by check or electronic transfer of money. For payments made by check to a seller who represents a business, the check must be made payable to the business using the name of the business. A scrap metal processor shall not conduct more than one cash transaction of less than $150 with the same seller on the same day.2. A scrap metal processor shall provide a receipt to the seller on-site at the time of the purchase of scrap metal by the scrap metal processor. The receipt must include, without limitation, the following information:(a) The date, time and place of the purchase;(b) An identifying description and weight of the scrap metal that is being purchased;(c) The price paid by the scrap metal processor for the scrap metal;(d) A copy of the personal identification provided pursuant to paragraph (c) of subsection 1 of NRS 647.094; and(e) The license number of the vehicle delivering the scrap metal that is being purchased.Added to NRS by 2009, 1241Added to NRS by 2009, 1241