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Difference between revisions of "No Cash"

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Revision as of 17:05, 2 May 2015


HOUSE BILL NO. 195 Act 389

Louisiana: Can not use cash to buy used items.

A secondhand dealer shall not enter into any cash transactions

in payment for the purchase of junk or used or secondhand property.


Anyone,

other than a nonprofit entity,

who buys, sells, trades in, or otherwise acquires or disposes of junk or used or secondhand property

more frequently than once per month

from any other person, other than a nonprofit entity,

shall be deemed

as being engaged in the business of

a secondhand dealer.

BY

SENATOR Dale Michael Erdey (R)

https://legiscan.com/LA/text/HB195/id/343620/Louisiana-2011-HB195-Chaptered.pdf

A secondhand dealer shall not enter into any cash transactions in payment

for the purchase of junk or used or secondhand property


Every secondhand dealer shall obtain a signed statement from the seller

that the junk or used or secondhand property has been paid for or is owned by the seller,

and a failure of the dealer to exact a statement from the seller

shall be primafacie evidence of the fraudulent intent and guilty knowledge

on the part of the dealer within the meaning of this Part,

sufficient to warrant a conviction

Any one acting as a second-hand an unlicensed secondhand dealer

without complying with the provisions of this Part

shall be fined not less than two hundred and fifty dollars

or be imprisoned not less than thirty days nor more than sixty days,

or both

B. For a second offense, the offender shall be fined not more than two thousand dollars

or be imprisoned with or without hard labor for not more than two years, or both.

C. For a third or subsequent offense, the offender shall be fined

not more than ten thousand dollars or be imprisoned with or without hard labor

for not more than five years, or both.

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