General Laws of Massachusetts - Chapter 169A Licensing of Check Cashers
- Massachusetts General Laws - Definitions - Chapter 169A, Section 1
For the purposes of this chapter, the following words shall have the following meanings unless the context clearly requires otherwise:— “Casher of checks”, a person...
- Massachusetts General Laws - License; rules and regulations - Chapter 169A, Section 2
No person or entity shall engage in cashing checks, drafts or money orders for a consideration in excess of one dollar per item without first...
- Massachusetts General Laws - Application for licensure; approval; multi-state licensing system - Chapter 169A, Section 3
The application for such license shall be in writing, shall be in a form prescribed by the commissioner and shall contain the name, residential address...
- Massachusetts General Laws - Denial of application; notice; appeal - Chapter 169A, Section 4
If the commissioner refuses to issue a license, he shall notify the applicant of the denial, and within twenty days thereafter, he shall enter upon...
- Massachusetts General Laws - Location of business and name of licensee to be noted on license; change of location, officers, partners, etc. - Chapter 169A, Section 5
Each license shall state the address at which the business is to be conducted and, if a mobile unit, the appropriate identification thereof, and shall...
- Massachusetts General Laws - Schedule of fees and charges; filing and posting - Chapter 169A, Section 6
A schedule of fees and charges to be assessed for the cashing of checks, drafts or money orders shall be filed by each licensee with...
- Massachusetts General Laws - Receipts - Chapter 169A, Section 7
The licensee shall provide each patron cashing a check, draft or money order with a receipt of such transaction stating thereon the amount of the...
- Massachusetts General Laws - Suspension or revocation of license - Chapter 169A, Section 8
The commissioner may suspend or revoke a license issued pursuant to this chapter if he finds that: (a) the licensee has violated a provision of...
- Massachusetts General Laws - Violations; temporary cease and desist orders - Chapter 169A, Section 9
(a) If the commissioner determines, after giving notice of and opportunity for a hearing, that a licensee has engaged in or is about to engage...
- Massachusetts General Laws - Investigation and examination by commissioner - Chapter 169A, Section 10
For the purpose of discovering violations of this chapter or a rule or regulation promulgated hereunder, or for securing information lawfully required by him, the...
- Massachusetts General Laws - Annual report; books, accounts, and records - Chapter 169A, Section 11
The licensee shall keep and use within the commonwealth such books, accounts and records as will enable the commissioner to determine whether such licensee is...
- Massachusetts General Laws - Violations; civil action - Chapter 169A, Section 12
The commissioner or an aggrieved party may enforce the provisions of this chapter, or restrain any violations thereof, by filing a civil action in a...
- Massachusetts General Laws - Penalty - Chapter 169A, Section 13
Whoever violates any provision of section two or any rule or regulation made thereunder by the commissioner shall be punished by a fine of not...
Last modified: September 11, 2015