Louisiana Statutes

§ 37:1970 — Statement by seller required; failure to exact statement evidence of fraudulent intent; exoneration from criminal knowledge

Louisiana·Title 37 Professions and Occupations
A.Every operator shall obtain a signed statement from the seller that the scrap metal has been paid for or is owned by the seller, and a failure of the operator to exact a statement from the seller shall be prima facie evidence of the fraudulent intent and guilty knowledge on the part of the operator within the meaning of this Chapter, sufficient to warrant a conviction.
B.In transactions involving railroad track materials, an operator shall require the party seeking to sell or dispose of the materials to furnish a signed statement from the appropriate railroad company consenting to the sale of the railroad track materials identified in the statement, which shall be retained by the operator. The statement shall include the name of the railroad company consenting to the sale and the name,

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Louisiana § 37:1970 (Statement by seller required; failure to exact statement evidence of fraudulent intent; exoneration from criminal knowledge) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Acts 2012, No. 827, §1, eff. June 14, 2012.

Nearby Sections

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