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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
Regular Session, 2013 ENROLLED
SENATE BILL NO. 131
BY SENATORS JOHN SMITH AND JOHNS
Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana.
AN ACT1
To amend and reenact R.S. 37:1973(A) and (C), relative to scrap metal recyclers; to provide2
for the forms of payment for copper or other metals; to provide terms and conditions;3
and to provide for related matters.4
Be it enacted by the Legislature of Louisiana:5
Section 1. R.S. 37:1973(A) and (C) are hereby amended and reenacted to read as6
follows:7
ยง1973. Payment by loadable payment card or check for copper or other metals8
required; check cashing prohibited9
A.(1) An operator shall not enter into any cash transactions in payment for10
the purchase of copper. Payment After five business days from the date of the11
transaction, payment for copper shall be made in the form of a check made payable12
to the name and address of the seller of the metal and mailed to the address13
recorded on the photo identification of the seller no earlier than five business days14
after the date of the transaction or a loadable payment card and shall be tendered15
to the seller in any of the following manners:16
(a) By mail to the address recorded on the photo identification of the17
seller.18
(b) In person at the place of business of the operator.19
(c) By electronic transfer.20
(2) An operator shall not enter into any cash transactions in excess of three21
hundred dollars in payment for the purchase of metal property other than copper.22
Payments in excess of three hundred dollars for metals other than copper shall be23
ACT No. 92 SB NO. 131 ENROLLED
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
made in the form of a check made payable to the name and address of the seller or1
a loadable payment card and may be tendered to the seller at the time of the2
transaction. The operator, at his discretion, may make payment by either cash or3
other method for transactions of three hundred dollars or less for all metals other4
than copper.5
* * *6
C. Except for copper purchases, in lieu of a check, Pursuant to the7
provisions of this Section, if an operator may make makes a payment to the seller8
in the form of a check or loadable payment card,. The the operator shall require9
verification of the seller's identification by a driver's license or similar means , and10
shall require verification of the seller's address by a current utility bill. The operator11
shall retain a copy of such utility bill.12
* * *13
PRESIDENT OF THE SENATE
SPEAKER OF THE HOUSE OF REPRESENTATIVES
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED: