Tex. Occ. Code Section 1956.0382
Cash Transaction Card

A metal recycling entity may pay a seller for a purchase of regulated material by cash or debit card only if, before the entity issues payment:

(1)

the seller presents to the entity a valid cash transaction card issued by the entity or by another metal recycling entity located in this state; or

(2)

the entity obtains a copy of the seller’s cash transaction card from the records of the entity.

(b)

An application for the issuance or renewal of a cash transaction card must include:

(1)

the name, address, sex, and birth date of the applicant;

(2)

the identification number from the applicant’s personal identification document;

(3)

a digital photograph that accurately depicts the applicant’s entire face taken at the time the applicant completes the application;

(4)

a clear and legible thumbprint of the applicant; and

(5)

the signature of the applicant.

(c)

On receipt of an application that contains the information required by Subsection (b), a metal recycling entity may approve the application and issue a cash transaction card to the applicant. The individual approving the application on behalf of the metal recycling entity must sign the application.

(d)

A cash transaction card must include:

(1)

the name and address of the seller;

(2)

a digital photograph of the seller that accurately depicts the seller’s entire face;

(3)

an identifying number that is unique to the individual card; and

(4)

the expiration date of the card, which may not be later than two years from the date the card was issued or renewed.

(e)

A metal recycling entity must mail the issued cash transaction card to the address provided on the application for the card.

(f)

A cash transaction card issued under this section is not transferable.

(g)

A metal recycling entity shall preserve:

(1)

each application for a cash transaction card the entity receives until the second anniversary of the date the application was received; and

(2)

a copy of each cash transaction card the entity issues or renews until the second anniversary of the date the card was issued or renewed. Added by Acts 2015, 84th Leg., R.S., Ch. 1065 (H.B. 2187), Sec. 8, eff. September 1, 2015.