Pennsylvania Statutes Title 63 P.S. Professions and Occupations (State Licensed) § 2325. Restrictions on business of licensee

No licensee shall at any time cash or advance any money on a postdated personal check.  A licensee may cash a postdated government check, government assistance check or payroll check so long as the date on the check is no more than five days later than the date the check is presented to the licensee and the fee charged by the licensee for the transaction does not exceed the applicable fee provided in section 503.  1  No check-casher licensee shall engage in the business of transmitting money or receiving money for transmission, unless licensed or operating as an agent of a licensee under the act of September 2, 1965 (P.L. 490, No. 249),  2 referred to as the Money Transmission Business Licensing Law.

1 63 P.S. § 2323.
2 7 P.S. § 6101 et seq.

FindLaw Codes are provided courtesy of Thomson Reuters Westlaw, the industry-leading online legal research system. For more detailed codes research information, including annotations and citations, please visit Westlaw.

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 or via Westlaw before relying on it for your legal needs.

Copied to clipboard