The provisions of this chapter do not apply to transactions conducted by the following:
(1)  Motor vehicle dealers that do not meet the definition of a scrap metal business as described in section 54-2701, Idaho Code;

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Terms Used In Idaho Code 54-2708

(2)  Persons in the business of operating an automotive repair facility that do not meet the definition of a scrap metal business as described in section 54-2701, Idaho Code;
(3)  Persons in the business of buying or selling empty food and beverage containers, including metal food and beverage containers, except beer kegs;
(4)  Transactions of a value of less than twenty dollars ($20.00);
(5)  Entities or individuals who do not receive compensation for the metal property; and
(6)  Authorized insurers as defined in section 41-110(1), Idaho Code.