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Current as of January 01, 2024 | Updated by Findlaw Staff
Any person wishing to be licensed to cash checks for a fee shall:
a. Submit to the commissioner a completed written application on forms prescribed by the commissioner which shall contain notice that false statements made therein are punishable and supported by evidence as required by the commissioner;
b. Submit an application fee as prescribed by the commissioner by regulation in an amount not to exceed $2,000;
c. Submit proof of net worth and liquid assets as required pursuant to section 8 of this act; 1 and
d. Execute a statement on the application in which the applicant consents to allow the department to examine the records of the bank account or accounts used for its check cashing business.
Cite this article: FindLaw.com - New Jersey Statutes Title 17. Corporations and Institutions for Finance and Insurance 17 § 15A-33 - last updated January 01, 2024 | https://codes.findlaw.com/nj/title-17-corporations-and-institutions-for-finance-and-insurance/nj-st-sect-17-15a-33/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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