§ 10-1-352.1 - Payment by recyclers for copper property, catalytic converters, or aluminum property - Georgia Statutes

O.C.G.A. 10-1-352.1 (2010)
10-1-352.1. Payment by recyclers for copper property, catalytic converters, or aluminum property

(a) As used in this Code section, the terms:

(1) "Aluminum property" means aluminum forms designed to shape concrete.

(2) "Copper property" means any copper wire, copper tubing, copper pipe, or any item composed completely of copper.

(b) A secondary metals recycler may pay by check or by cash for any copper property, catalytic converter, or aluminum property as follows:

(1) Cash payments shall occur no earlier than 24 hours after the copper property, catalytic converter, or aluminum property is provided to the secondary metals recycler; and

(2) Checks shall be payable only to the person named who was recorded as delivering the copper property, catalytic converter, or aluminum property to the secondary metals recycler; provided, however, that if such person is delivering the copper property, catalytic converter, or aluminum property on behalf of a governmental entity or a nonprofit or for profit business, the check may be payable to such business or entity and may also be transmitted to such business or entity.

(c) The provisions of this Code section shall not apply to any transaction between business entities.