Illinois Compiled Statutes 815 ILCS 325 Recyclable Metal Purchase Registration Law. Section 4.2

    (815 ILCS 325/4.2)

    Sec. 4.2. Purchases of HVAC recyclable metal. A recyclable metal dealer shall not pay cash in payment for any air conditioner evaporator coil or condenser having a value of $100 or more. Payment for these materials must be made as follows:

        (1) by check or money order;

        (2) the payee on the check or money order shall be

    the same person as the seller who conducted the transaction;

        (3) if the seller is a business, then the recyclable

    metal dealer shall make the check or money order payable to the company, and not to any individual employee or agent of the company.

(Source: P.A. 97-923, eff. 1-1-13.)

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Last modified: February 18, 2015