815 ILCS 325/4.3: Purchases of copper.

(Text of Section before amendment by P.A. 104-689)

A recyclable metal dealer shall not pay cash in payment for any copper, including copper tubing or wiring, 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.

(Text of Section after amendment by P.A. 104-689)

Purchases of copper and telecommunications wire. A recyclable metal dealer shall not pay cash in payment for any copper, including copper tubing or wiring, or telecommunications wire 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.