A recyclable metal dealer shall not pay cash in payment for any air conditioner evaporator coil or condenser having a value of $100 or more. Payment for these materials must be made as follows:
         (1) by check or money order;

Terms Used In Illinois Compiled Statutes 815 ILCS 325/4.2


         (2) the payee on the check or money order shall be
    
the same person as the seller who conducted the transaction;
        (3) if the seller is a business, then the recyclable
    
metal dealer shall make the check or money order payable to the company, and not to any individual employee or agent of the company.
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