It looks like there’s a new law in Louisiana that prevents those selling or buying second-hand goods, from accepting/using cash as a form of payment.
According to the new law, “Anyone, other than a non-profit 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 non-profit entity, shall be deemed as being in the business of a secondhand dealer.”
Details on this new law can be found at:
http://www.naturalnews.com/033882_Louisiana_cash.html
and
http://ackelandassociates.com/cash-transactions-banned-by-louisiana/
How does this affect consignment and resale stores in the state of Louisiana? Can you no longer accept cash as a form of payment? Do you have to collect your consignors’ driver’s license number and license plate number?
Dean
I am a Software Developer, System Administrator, and consignment software specialist. I currently manage hundreds of consignment workstations, point of sale systems, and database servers all across North America and I am the developer of Peeps' Software, Peeps2Go, and Peeps' Consignor Login for iOS and Android. I've been helping consignment & resale store-owners since 2003. I started The Computer Peeps in February of 2010. Peeps' Software launched in 2016 and is now on hundreds of systems all across North America. I have successfully converted dozens of stores from all of the major consignment software systems. After 20 years of working with consignment stores, I understand the unique challenges consignment & resale store-owners face. From electrical issues in old buildings or strip malls, to advocating for them when their old consignment software keeps crashing.