North Carolina General Statutes Chapter 53. Regulation of Financial Services § 53-277. Exemptions

(1) A bank, savings institution, credit union, or farm credit system organized under the laws of the United States or any state.

(2) Any person or entity principally engaged in the bona fide retail sale of goods or services that, either as an incident to or independently of a retail sale or service and not holding itself out to be a check-cashing service, from time to time cashes checks, drafts, or money orders for a fee or other consideration and charges no more than two dollars ($2.00) for the service.