On and after January 1, 1993, no check-cashing business shall deposit, in a financial institution, any check cashed by the check-cashing business unless both of the following conditions are met:
(A) The check is indorsed with the name of the check-cashing business that appears on its license.
(B) The words "licensed check-cashing business" are written legibly or stamped immediately after or below the name of the indorser.
Effective Date: 07-30-1993
Section: Previous 1315.17 1315.18 1315.19-1315.20 1315.21 1315.22 1315.23 1315.24 1315.25 1315.26 1315.27 1315.28 1315.29 1315.30 1315.31-to-1315.34 1315.35 NextLast modified: October 10, 2016