New York Banking Law Article 9-A - LICENSED CASHERS OF CHECKS

• 366 - Definitions.
  When used in this article. 1. The term "licensed casher of checks" means any individual, partnership, unincorporated association or corporation duly licensed by the superintendent...
• 367 - License Requirements; Fees; Capital Requirements.
  1. No person, partnership, association or corporation shall engage in the business of cashing checks, drafts or money orders for a consideration without first obtaining...
• 369 - Conditions Precedent to Issuing License; Issuance and Filing of License; Posting License.
  1. If the superintendent shall find that the financial responsibility, experience, character, and general fitness of the applicant, and of the members thereof if the...
• 370 - Restrictions As to Place or Area of Doing Business; Establishment of Stations; Change of Location.
  1. No more than one place of business or one mobile unit shall be maintained under the same license; provided, however, that more than one...
• 370-a - Changes in Control.
  1. It shall be unlawful except with the prior approval of the superintendent for any action to be taken which results in a change of...
• 371 - Regulations.
  The superintendent is hereby authorized and empowered to make such rules and regulations, and such specific rulings, demands, and findings as he may deem necessary...
• 372 - Fees and Charges; Posting Schedule; Records and Reports.
  1. The superintendent shall, by regulation, establish the maximum fees which may be charged by licensees for cashing a check, draft, or money order. No...
• 372-a - Superintendent Authorized to Examine.
  1. For the purpose of discovering violations of this article or securing information lawfully required in this section, the superintendent may at any time, and...
• 372-b - Forged Checks for Cashing; Signage.
  All licensees shall post in a conspicuously prominent place, clearly visible to all patrons, a statement printed in plain language as provided by the superintendent...
• 373 - Acts Prohibited; Suspension or Revocation of License; Penalties.
  1. No licensee shall engage in the business of making loans of money, credit, goods or things or discounting of notes, bills of exchange, checks,...
• 374 - Application of Article.
  1. The provisions of this article shall not apply when checks, drafts or money orders are cashed, other than by a licensee, without a consideration...

Last modified: February 3, 2019