California Business and Professions Code CHAPTER 21.5 - Money Exchange Houses

• Section 22515.
  As used in this chapter, the following definitions are applicable:(a) “Money exchange house” means any individual or business engaged in the business of exchanging or dealing...
• Section 22516.
  (a) All window and exterior signs concerning the rates of exchange at a money exchange house shall clearly state the rate of exchange for both the...
• Section 22517.
  It is unlawful for a money exchange house to advertise “no commission” when, in fact, a commission or fee is charged.(Added by Stats. 1988, Ch....
• Section 22518.
  A receipt shall be presented to each customer for each exchange, clearly stating the rate of exchange for the particular transaction, the amount of commission...
• Section 22519.
  A violation of this chapter is an infraction punishable by a fine of not less than one hundred dollars ($100) for the first offense, and...
• Section 22519.5.
  Nothing in this chapter shall be construed to limit the effect of any other state law or any local ordinance governing money exchange house permit...

Last modified: October 22, 2018