433.904 Requirements for purchase of restricted metals by secondary metals
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/ky/433-904A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
recycler -- Cash transactions prohibited -- Payment to be made by check --
Daily reports to sheriff and police -- Confidentiality of information -- Proof of
ownership of restricted metals -- Applicability.
(a)A secondary metals recycler shall not enter into any cash transaction for the
purchase of any restricted metals as defined in KRS 433.900.
(b)Payment by a secondary metals recycler for the purchase of restricted metals
shall be made by check issued to the seller and payable to the seller.
(c)Each check for payment shall be mailed by the secondary metals recycler
directly to the street address of the seller. Payment shall not be mailed to a
post office box.
(d)Each check shall be mailed by the secondary metals recycler to the seller no
sooner than one
(1)day after the purchase transaction.
(2)At the close of each business day, a secondary metals recycler shall make a report
describing any purchases of restricted metals as defined in KRS 433.900, in digital
format, in writing, or by other electronic means to:
(a)The sheriff of the county in which the purchase transaction was made by a
secondary metals recycler and the sheriff of the county where the secondary
metals recycler is located; and
(b)The police department of the city, county, charter county government, urban-
county government, consolidated local government, or unified local
government in which the purchase transaction was made and the police
department of the city, county, charter county government, urban-county
government, consolidated local government, or unified local government in
which the secondary metals recycler is located.
The information required by this subsection shall remain confidential, and this
information shall include the following disclosure: "This information is for the
designated recipient only and may contain privileged, proprietary, or otherwise
private information. If you are not the intended recipient of this information, you are
hereby notified that any use, distribution, copying, or disclosure of this
communication is strictly prohibited. If you have received this information in error,
please notify the sender and purge the communication immediately."
(3)A secondary metals recycler shall not purchase any restricted metals without
obtaining reasonable proof that the seller owns the property, such as a receipt or bill
of sale, or reasonable proof that the seller is an employee, agent, or contractor of a
governmental entity, utility company, cemetery, railroad, manufacturer, or other
person, business, or entity owning the property and that the seller is authorized to
sell the item of restricted metal. A secondary metals recycler may retain on file an
official document on the letterhead of the person, business, or entity indicating that
the seller is authorized to sell the restricted metal item. Such a letter must be dated
within three hundred sixty-five
(365)days of the transaction.
(4)The requirements for the purchase of restricted metals according to the provisions
of subsections
(1)and
(2)of this section shall also apply to the purchase of copper
wire or coaxial cable belonging to a utility or cable provider, such as
communication, transmission, distribution, or service wire, by a secondary metals
recycler.
(5)The provisions of subsections
(1)and
(3)of this section shall not apply to
nonreturnable used beverage containers.
(6)The provisions of this section shall not apply to the following:
(a)The purchase of restricted metals from a secondary metals recycler;
(b)The purchase of restricted metals from an organization, corporation, or
association registered with the Commonwealth as a charitable, philanthropic,
religious, fraternal, civic, patriotic, social, or school-sponsored organization;
(c)The purchase of restricted metals pursuant to a written contract, from a
manufacturing, industrial, or other commercial vendor that generates restricted
metals in the ordinary course of business; or
(d)A motor vehicle, aircraft, or other item that is licensed by the state or federal
government pursuant to a legitimate transfer of title or issuance of a junk title.