District of Columbia Statutes

§ 26-319 — Limitations on business.

District of Columbia·Title 26 Banks and Other Financial Institutions.·Ch. 3 Check Cashers.
(a)No licensee under this chapter shall engage in the business of discounting of notes, bills of exchange, checks, or other evidences of indebtedness, nor shall such a discounting business be conducted on the same premises where the licensee is conducting business pursuant to this chapter.
(b)No licensee shall at any time cash or advance any monies on a post dated check.
(c)Repealed.

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Legislative History

May 12, 1998, D.C. Law 12-111, § 20, 45 DCR 1782; Nov. 24, 2007, D.C. Law 17-42, § 2(c), 54 DCR 9988

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