A person or entity buying junk other than junk that consists of nonferrous metals, as defined by § 16-17-680, or vehicles shall keep a book that the person or entity shall keep open to the inspection of all persons, wherein the person or entity shall set down the name and address, city, and street of every person selling junk and an itemized statement of all junk bought from such persons and the purchase dates. A person or entity buying junk that consists of nonferrous metals, as defined by § 16-17-680, is subject to the provisions of § 16-17-680. A person or entity buying junk that consists of vehicles is subject to the provisions of §§ 56-5-5670 and 56-5-5945.