Please Note: 2015 Indiana HB 1396 makes a minor correctional amendment to the law's definition of "disposal facility" that does not impact this summary
"Valuable Metal" means any product made of metal that readily may be resold. The term includes metal bossies and small component motor vehicle parts. The term does not include a beverage can, used jewelry regulated under IC 24-4-13, or precious metal regulated under IC 24-4-19.
"Metal Bossie" means a metal 4 wheel cart used to transport or sell food products that are stored in crates, shells, or trays.
"Valuable Metal Dealer" means any entity engaged in the business of purchasing and reselling Valuable Metal either at a permanently established place of business or in connection with a business of an itinerant nature. The term does not include a person who purchases a vehicle and obtains title to the vehicle.
Exempts the following Sellers if the Seller provides the Dealer with a bill of sale or other written evidence of title to the Valuable Metal at the time of purchase:
Exempts transactions between scrap metal processing facilities as defined in IC 8-23-1-36.
The HVAC and Catalytic Converter - Additional Recordkeeping provisions do not apply to commercial transactions between 2 or more of the following:
Every Dealer must record the following on forms provided by the State Police Department for purchases of Valuable Metal:
From a government-issued photo ID used to verify the Seller's identity:
A Dealer may only purchase an air conditioner evaporator coil or condenser, in whole or in part, from a Seller who:
Acquired the item in the performance of business as one of the following and provides reasonable documentation that they are:
The Dealer must record a copy of the Seller's documentation in addition to the transaction record. Exempts purchases of window air conditioning units.
A Dealer may only purchase or attempt to purchase a catalytic converter, in whole or in part, that is not attached to a motor vehicle from a Seller that presents the Dealer with a:
One of the following for the motor vehicle the catalytic converter was taken from:
The Dealer must record a copy of the Seller's documentation in addition to the transaction record. Exempts purchases from a used parts dealer or automotive repair company.
Records shall be retained for 2 years.
Records and Valuable Metal subject to the Hold provision shall be made available for inspection by any law enforcement official at any time.
A Dealer may not accept a metal beer keg if the keg is clearly marked as the property of a brewery manufacturer or the keg's identification markings have been made illegible.
5 working day hold "from the date of notification" on any Valuable Metal "requiring notification".
The State Police shall publish on the State Police web site:
A Dealer or Seller who fails to comply commits a Class A infraction.
©2016. The Institute of Scrap Recycling Industries, Inc. All rights reserved.
This summary of State Metals Theft Laws is being viewed on this website under license and is owned and copyrighted by Institute of Scrap Recycling Industries, Inc. ("ISRI"),1615 L Street, N.W., Suite 600, Washington, DC 20036.