Article 4A - Cashing of Payment Instruments

Article 4A - Cashing of Payment Instruments

§ 7-1-700. Definitions
§ 7-1-701. Licensing for cash payment instruments
§ 7-1-701.1. Exemption from licensing requirements
§ 7-1-702. Requirements for licensure
§ 7-1-702.1. Operation of mobile payment instrument cashing facility
§ 7-1-702.2. Authority of department
§ 7-1-703. Investigation of applicants; background checks of employees
§ 7-1-703.1. Reporting on condition to Nation-wide Multistate Licensing System and Registry
§ 7-1-703.2. Use of unique identifier of licensee
§ 7-1-704. Renewal of licenses
§ 7-1-704.1. Posting of license; license is nontransferable and nonassignable; notification of new facilities
§ 7-1-705. Written notice of claims against licensee, judgments, or other misconduct by employees, directors, or others; written notice of change of executive officer
§ 7-1-705.1. Approval required for change of control or ultimate equitable owner; additional requirements; denial and notification of reasons
§ 7-1-706. Record keeping obligations; investigations and examinations by the department; examination fees; administration of oaths and issuing of subpoenas; confidentiality; civil liability
§ 7-1-706.1. Regulatory interpretation and enforcement
§ 7-1-707. Required endorsement by licensee; immediate payments; deferment of payment; identification requirements; acceptable fee for services
§ 7-1-707.1. Posting of fees for cashing payment instruments
§ 7-1-708. Grounds for suspension or revocation of license; employment of individuals subject to cease and desist order; administrative review
§ 7-1-708.1. Denial or suspension of license for student borrowers in default or for failing to comply with child support requirements
§ 7-1-708.2. Issuance of cease and desist orders; administrative and judicial enforcement; penalty for noncompliance
§ 7-1-709. Penalty for violation of article
§ 7-1-709.1. No limitation on common law liability or state prosecution
§ 7-1-709.2. Continuing effectiveness of existing licenses

We have updated our Terms of Service, Privacy Policy, and Disclosures. By continuing to browse this site, you agree to our Terms of Service, Privacy Policy, and Disclosures.

Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal insurance products you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.

LegalFix provides its members with access to legal services through a network of provider law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.

The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our provider law firms.

You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your provider law firm.

The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.

Use of this website, the purchase of legal insurance products, and access to the LegalFix network of provider law firms are subject to the LegalFix Terms of Service and Privacy Policy.

Bookish