§ 26-301 — Definitions.

For the purposes of this chapter, the term:

(1) “Check” means any check, draft, money order, personal money order, or other instrument for the transmission or payment of money.

(2) “Check cashing” means the exchange of a check for money delivered to the presenter at the time and place of the presentation.

(3) Repealed.

(4) “Issue date” means, on a check held for deferred deposit, the date the check is cashed and the deferred deposit agreement is originated.

(5) “Licensee” means any person duly licensed by the Superintendent [Commissioner] pursuant to this chapter.

(6) “Limited station” means a type of check cashing business that authorizes the licensee to carry on the business of cashing checks for employees of a single and particular business or office and at a single location at or near such particular business or office site.

(7) “Mobile unit” means any vehicle or other movable structure from which the business of cashing checks is to be conducted.

(8) “Person” means an individual, firm, corporation, business trust, estate, trust, partnership, limited liability company, association, 2 or more persons having a joint or common interest, or any other legal or commercial entity, or group of individuals however organized but does not include the United States government, the government of the District of Columbia, or the United States Postal Service.

(9) “Superintendent” means the Superintendent of the Office of Banking and Financial Institutions [Commissioner of the Department of Insurance, Securities, and Banking].

Legislative History

May 12, 1998, D.C. Law 12-111, § 2, 45 DCR 1782; Nov. 24, 2007, D.C. Law 17-42, § 2(a), 54 DCR 9988