North Carolina General Statutes Chapter 53. Regulation of Financial Services § 53-275. Definitions

(1) “Cashing” means providing currency for payment instruments, but does not include the bona fide sale or exchange of travelers checks and foreign denomination payment instruments.

(2) “Check-cashing service” means any person or entity engaged in the business of cashing checks, drafts, or money orders for a fee, service charge, or other consideration.

(3) “Commission” means the State Banking Commission.

(4) “Commissioner” means the Commissioner of Banks.

(5) “Licensee” means a person or entity licensed to engage in a check-cashing business under this Article.

(6) “Person” means an individual, partnership, association, or corporation.