To all our valued customers:
As of July 1, 2012, the following rules and regulations will be enforced on the method of payment for all restricted items sold:
Payment for all restricted regulated metals will continue to be made by check, issued to the seller of the metal and payable to the seller.
• All checks issued for restricted regulated metals will be mailed directly to the street address of the seller, A check may not be mailed to a post office box.
• Each check will be mailed within 3 days of the purchase transaction.
• You may receive a check at the time of the purchase transaction if the seller is:
- An organization, corporation, or association registered with the state as ”charilable, philanthropic, religious, fraternal, civic, patriotic, social, or school-sponsored organization or association, or any nonprofit corporation or association;
- A law enforcement officer “acting in an official capacity,
- A trustee in bankruptcy, executor, administrator, or receiver who has presented proof of this;
- A public official acting under judicial process or authority who has presented proof of this;
- A sheriff acting under the authority or a court’s writ of execution, or by virtue of any process issued by a court if proof has been presented;
- A manufacturing, industrial, or other commercial vender that generates regulated materials in the ordinary course of business.
You may see read the full bill on these transactions passed by the Florida House of
Representatives for all Secondhand Dealers and Secondary Metal Recyclers bill #
CS/CS/HBI 885 on the Florida House of Representatives website
www.myfloridahouse.gov/sections/bills
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