Sec. 1956.124.  CERTAIN RECORDS REQUIRED WHEN PURCHASING OR OTHERWISE ACQUIRING CATALYTIC CONVERTER; OFFENSE.  (a)  A metal recycling entity shall maintain an accurate record of each transaction in which the entity purchases or otherwise acquires a catalytic converter that is removed from a motor vehicle from a person described by Section 1956.123.
(b)  A record meets the requirements of Subsection (a) if it contains:
(1)  a description made in accordance with the custom of the trade for the volume of catalytic converters purchased or otherwise acquired;
(2)  the business name of the person from whom the catalytic converters were purchased or otherwise acquired; and
(3)  the date of the transaction.
(c)  A metal recycling entity shall preserve each record required by this section until the second anniversary of the date the record was made.  The records must be maintained in an easily retrievable format and must be available for inspection as provided by Section 1956.125 not later than 72 hours after the time of purchase or acquisition.
(d)  A record containing the information described by Subsection (b) that is maintained in accordance with other law or as a routine business practice satisfies the requirements of Subsection (a).
(e)  A metal recycling entity commits an offense if the entity intentionally or knowingly fails to maintain a record as required by this section.  An offense under this subsection is a Class A misdemeanor.
Added by Acts 2023, 88th Leg., R.S., Ch. 269 (S.B. 224), Sec. 3.07, eff. May 29, 2023.