Montana Code 30-22-104. Sale of catalytic converters
30-22-104. Sale of catalytic converters. (1) A seller who is not a licensed salvage metal dealer may not sell more than one catalytic converter to a salvage metal dealer a day.
Terms Used In Montana Code 30-22-104
- Salvage metal dealer: means a person who is engaged in the business of paying, trading, recycling, or bartering for or collecting nonferrous metals that have served their original economic purpose, whether or not the person is engaged in the business of performing the manufacturing process by which ferrous metals or nonferrous metals are converted into raw material products consisting of prepared grades and having an existing or potential economic value. See Montana Code 30-22-101
- Seller: means a person who sells or delivers nonferrous metal or otherwise makes nonferrous metal available to a salvage metal dealer. See Montana Code 30-22-101
(2)Unless the transaction or exchange is with another salvage metal dealer, a salvage metal dealer may not:
(a)provide any consideration to a seller of a catalytic converter until 72 hours after the most recent transaction between the salvage metal dealer and the seller; and
(b)pay more than $30 in cash, stored value device, or electronic fund transfer for any transaction that includes a catalytic converter. Additional consideration contracted for must be paid by check.