Thursday, May 3, 2012

Griffin Daily News - Law targets scrap metal thefts

Griffin Daily News - Law targets scrap metal thefts  As of July 1, scrap metal dealers will no longer be able to pay recyclers in cash.

Georgia House Bill 872, intended to crack down on scrap metal theft, prohibits businesses that buy scrap metal from paying recyclers in cash. Payments can only be made by check, electronic funds transfer, or voucher for regulated metal property.

The change also prohibits a secondary metals recycler from redeeming or cashing any check or electronic funds transfer paid to a seller for regulated metal property. Scrap metals dealers are also prohibited from providing or permitting any mechanism on the premises of the secondary metals recycler for the redemption or cashing of any check or electronic funds transfer.



Read more: Griffin Daily News - Law targets scrap metal thefts


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