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§ 1943.4. Commercial accounts

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 73 P.S. Trade and CommerceEffective: August 25, 2014

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 73 P.S. Trade and Commerce (Refs & Annos)
Chapter 27A. Scrap Material Theft Prevention Act
Effective: August 25, 2014
73 P.S. § 1943.4
§ 1943.4. Commercial accounts
Currentness
(a) Duty to create and maintain.--Every scrap processor and recycling facility operator must create and maintain a permanent record with a commercial enterprise, including another scrap metal business, in order to establish a commercial account. The record shall, at a minimum, include the following information:
(1) The full name and Federal or State tax identification number of the commercial enterprise or commercial account.
(2) The business address and telephone number of the commercial enterprise or commercial account.
(b) Additional information.--The record for each commercial enterprise maintained by the scrap processor or recycling facility operator shall document every purchase and receipt of ferrous or nonferrous metal and commercial metal property. That documentation shall include, at a minimum:
(1) The date, time and value of the property being purchased or received.
(2) A description of the predominant types of property being purchased or received.
(c) Effect of establishing commercial account.--Once a commercial account is established, if no financial transaction occurs between the scrap processor or recycling facility operator and the person delivering scrap material, then the scrap processor or recycling facility operator need only maintain a photocopy of the driver's license of the person delivering the scrap material to comply with this subsection.
(d) Financial transactions.--Once a commercial account has been established, if a financial transaction occurs between a scrap processor or recycling facility operator and a person delivering the scrap material, the scrap processor or recycling facility operator shall obtain the following before completing each transaction:
(1) A photocopy of the driver's license of the person delivering the scrap materials.
(2) The license plate number of the vehicle transporting scrap material.
(3) The telephone number of the commercial account.
(4) Confirmation that the person delivering the scrap material is authorized to receive a check or cash on behalf of the person or entity providing the scrap material. The confirmation shall consist of written, signed authorization from the owner or officer of the commercial enterprise stating that the person delivering the scrap material is designated to receive payment for the scrap material.
(5) An acknowledgment of receipt of cash payment, signed by the person delivering the scrap material and receiving the cash payment.

Credits

2008, Oct. 9, P.L. 1408, No. 113, § 4, effective in 60 days [Dec. 8, 2008]. Amended 2014, June 26, P.L. 799, No. 79, § 2, effective in 60 days [Aug. 25, 2014].
73 P.S. § 1943.4, PA ST 73 P.S. § 1943.4
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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