§ 51402. Duty to Record and Report Purchases
TITLE 4: ECONOMIC RESOURCES DIVISION 5: BUSINESS REGULATION § 51402. Duty to Record and Report Purchases. (a) A person operating a recycling business shall maintain, wherever its busi- ness is conducted, a complete record of each purchase of recycled product, legibly written in the English language, containing the following information: (1) The printed name and signature of the person who is selling scrap met- al; (2) The date and time of the purchase; (3) The name of the recycler and the employee conducting the purchase; (4) The name, date of birth, sex, height, weight, race, and address of the person selling the scrap metal; (5) A complete description of the property, if any, sold to recycler includ- ing the brand name, serial number, model number, initials, engravings, size, patterns, and color; (6) The purchase price; (7) The type of identification and identification number used by the person with whom the purchase is made, which shall consist of a copy of a valid driver’s license or government identification card issued by the Common- wealth of the Northern Mariana Islands, Guam, federal, state, or municipal government which has a photo and physical description of the person identi- fied; and (8) The nature of the purchase, a progressive serial number identifying the purchase, the name and address of the recycler conducting the purchase, and the location of the property. (b) The recycler shall maintain at all times at his place of business such books, accounts, and records as will enable the Department or the Secretary to determine whether the recycler is complying with this Article and any rules and regulations adopted pursuant to this Article. Every recycler shall preserve such books, accounts, and records, for at least two years after making the final entry on any purchase recorded therein. The books and records of the recycler shall be kept in a manner that the recycling business transacted may be readily separated and distinguished from any other type of business that the recycler may be engaged in. (c) Upon request, a recycler shall furnish or mail within twenty-four hours to the Department, on such forms as are provided by the Department, a full, true, and correct copy of the record of all requested transactions. Source: PL 15-36, § 3 (51302), modified. Commission Comment: The Commission changed the references to “Chap- ter” to “Article” and deleted figures that were a mere repetition of words in subsection (b) above pursuant to its authority by 1 CMC § 3806.
Source: CNMI Law Revision Commission