Section 445.425 - Dealers; sellers; duties. - Michigan Statutes

NONFERROUS METAL REGULATORY ACT (EXCERPT)
Act 429 of 2008

445.425 Dealers; sellers; duties.

Sec. 5.

(1) A dealer shall do all of the following:

(a) Produce and maintain records as required under section 7(2).

(b) Participate in a database meeting the requirements of section 11.

(c) Tag and hold any nonferrous metal as provided for in section 9.

(d) Pay a seller by a method capable of being traced from the dealer to the seller. Payment by cash or currency of more than $50.00, barter, or trade is not considered a payment that complies with the requirement of this subdivision. Payment of cash in any amount in a transaction involving predominantly copper articles is considered a violation of this subdivision.

(e) In the case of a transaction involving nonferrous metal, verify that the seller is at least 16 years of age.

(2) A seller shall do all of the following:

(a) Present to the dealer an operator's or chauffeur's license, military identification card, Michigan identification card, passport, or other government-issued identification containing a photograph and allow the dealer to make a photocopy or electronic copy of the identification.

(b) Allow the dealer to make a thumbprint, to be used only for identification purposes by the dealer and for investigation purposes by a law enforcement agency.

(c) Execute a signed statement indicating that the seller is the owner of, or is otherwise authorized to sell, the nonferrous metal offered for purchase to the dealer.

(d) Attest to the lack of any criminal convictions involving the theft, conversion, or sale of nonferrous metals.

History: 2008, Act 429, Eff. Apr. 1, 2009