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2020 North Carolina General Statutes
Chapter 66 - Commerce and Business
Article 45 - Pawnbrokers, Metal Dealers, and Scrap Dealers.
§ 66-425 - Permissible payment methods for nonferrous metals purchasers.
Universal Citation: NC Gen Stat § 66-425 (2020)
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.
(2012-46, s. 28.)
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