Section 34-41-42. Requirements for mobile check-cashing services.

SC Code § 34-41-42 (2019) (N/A)
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For the purposes of this chapter, all mobile check-cashing services must:

(1) be licensed as a Level I licensee;

(2) be a registered and licensed armored vehicle in accordance with the laws of this State;

(3) be considered a "branch" of a check-cashing business for purposes of licensure through this chapter; and

(4) keep records in accordance with this chapter that are returned daily to either the main office or another nonmobile branch of the business.

HISTORY: 1998 Act No. 433, Section 2, eff upon approval (became law without the Governor's signature on June 11, 1998).