Nevada § 647.098 Limitations and requirements relating to method of payment by scrap metal processor to seller; receipt required

Nevada Statutes

§ 647.098 — Limitations and requirements relating to method of payment by scrap metal processor to seller; receipt required

Nevada § 647.098

Title 54PROFESSIONS, OCCUPATIONS AND BUSINESSES

Ch. 647Dealers

SCRAP METAL PROCESSORS

This text of Nevada § 647.098 (Limitations and requirements relating to method of payment by scrap metal processor to seller; receipt required) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 647.098 (2026).

Text

1. For each purchase of scrap metal with a value of $150 or more by a scrap metal processor, the scrap metal processor must pay the seller only by check or electronic transfer of money. For payments made by check to a seller who represents a business, the check must be made payable to the business using the name of the business. A scrap metal processor shall not conduct more than one cash transaction of less than $150 with the same seller on the same day. 2. A scrap metal processor shall provide a receipt to the seller on-site at the time of the purchase of scrap metal by the scrap metal processor. The receipt must include, without limitation, the following information:

(a)The date, time and place of the purchase;

(b)An identifying description and weight of the scrap metal that is being

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1. For each purchase of scrap metal with a value of $150 or more by a scrap metal processor, the scrap metal processor must pay the seller only by check or electronic transfer of money. For payments made by check to a seller who represents a business, the check must be made payable to the business using the name of the business. A scrap metal processor shall not conduct more than one cash transaction of less than $150 with the same seller on the same day.
2. A scrap metal processor shall provide a receipt to the seller on-site at the time of the purchase of scrap metal by the scrap metal processor. The receipt must include, without limitation, the following information:
(a) The date, time and place of the purchase;
(b) An identifying description and weight of the scrap metal that is being purchased;
(c) The price paid by the scrap metal processor for the scrap metal;
(d) A copy of the personal identification provided pursuant to paragraph (c) of subsection 1 of NRS 647.094 ; and
(e) The license number of the vehicle delivering the scrap metal that is being purchased.