66-420.1. Applicability.
This Chapter shall not apply to a salvage yard regulated pursuant to Chapter 20 of the General Statutes, unless the salvage yard is engaged in the business of gathering or obtaining ferrous or nonferrous metals that have served their original economic purpose and is in the business of performing the manufacturing process by which ferrous metals or nonferrous metals are converted into raw material products consisting of prepared grades and having an existing or potential economic value. (2013-410, s. 30.5.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 66 - Commerce and Business
Article 45 - Pawnbrokers, Metal Dealers, and Scrap Dealers.
§ 66-388 - Pawnbroker authority.
§ 66-390 - Requirements for licensure.
§ 66-391 - Record-keeping requirements for pawnbrokers.
§ 66-392 - Record-keeping requirements for currency converters and e-buyers.
§ 66-393 - Pawnbroker fees; interest rates.
§ 66-394 - Pawnbroker transactions.
§ 66-397 - Municipal or county authority.
§ 66-405 - Legislative finding.
§ 66-408 - Perjury; punishment.
§ 66-409 - Bond or trust account required.
§ 66-410 - Records to be kept.
§ 66-411 - Items not to be modified.
§ 66-412 - Purchasing from juvenile.
§ 66-414 - Portable smelters prohibited.
§ 66-421 - Required records and receipts for regulated metals transactions.
§ 66-422 - Inspection of regulated metals property and records.
§ 66-423 - Hold notices for nonferrous metals; retention of nonferrous metals.
§ 66-424 - Prohibited activities and transactions.
§ 66-425 - Permissible payment methods for nonferrous metals purchasers.
§ 66-426 - Issuance of nonferrous metals purchase permits by Sheriff; form; fees; recordkeeping.
§ 66-431 - Forfeiture of vehicles used to transport unlawfully obtained regulated metals property.