Sec. 1956.0381. PAYMENT BY METAL RECYCLING ENTITY. (a) A metal recycling entity may pay for a purchase of regulated material only by:
(1) cash if the seller has been issued a cash transaction card under Section 1956.0382, unless the metal recycling entity is prohibited from paying in cash under Section 1956.038(b);
(2) debit card if the seller has been issued a cash transaction card under Section 1956.0382;
(3) check;
(4) money order; or
(5) direct deposit by electronic funds transfer.
(b) A metal recycling entity shall include in the record of purchase required by Section 1956.033, as applicable, a copy of:
(1) the seller's cash transaction card or approved application for a cash transaction card if the entity paid for a purchase of regulated material by cash;
(2) the debit card receipt and the seller's cash transaction card or approved application for a cash transaction card if the entity paid for a purchase of regulated material by debit card; or
(3) the check if the entity paid for a purchase of regulated material by check.
Added by Acts 2015, 84th Leg., R.S., Ch. 1065 (H.B. 2187), Sec. 8, eff. September 1, 2015.
Structure Texas Statutes
Title 12 - Practices and Trades Related to Water, Health, and Safety
Subtitle B - Practices Related to Health and Safety
Chapter 1956 - Metal Recycling Entities
Subchapter A. -3. Practice by Certificate Holders
Section 1956.031. Notice to Sellers
Section 1956.032. Information Regarding Seller
Section 1956.0321. Additional Requirements Regarding Purchase of Catalytic Converter
Section 1956.033. Record of Purchase
Section 1956.0331. Photograph or Recording Requirement for Regulated Metal Transaction
Section 1956.034. Preservation of Records
Section 1956.035. Inspection of Records
Section 1956.036. Furnishing of Report to Department
Section 1956.037. Placement of Items on Hold
Section 1956.038. Prohibited Acts
Section 1956.0381. Payment by Metal Recycling Entity
Section 1956.0382. Cash Transaction Card
Section 1956.039. Hours for Purchasing Material