South Carolina Code 34-41-42. Requirements for mobile check-cashing services
Current as of: 2023 | Check for updates
|
Other versions
For the purposes of this chapter, all mobile check-cashing services must:
(1) be licensed as a Level I licensee;
Terms Used In South Carolina Code 34-41-42
- Licensee: means a person or entity licensed to engage in either a Level I or Level II check-cashing service pursuant to this chapter. See South Carolina Code 34-41-10
(2) be a registered and licensed armored vehicle in accordance with the laws of this State;
(3) be considered a "branch" of a check-cashing business for purposes of licensure through this chapter; and
(4) keep records in accordance with this chapter that are returned daily to either the main office or another nonmobile branch of the business.