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Current as of January 01, 2023 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - North Carolina General Statutes Chapter 66. Commerce and Business § 66-425. Permissible payment methods for nonferrous metals purchasers - last updated January 01, 2023 | https://codes.findlaw.com/nc/chapter-66-commerce-and-business/nc-gen-st-sect-66-425/
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