Delaware § 2702 Application of chapter

Delaware Statutes

§ 2702 — Application of chapter

Delaware·Title 5·Part Other Businesses Under Jurisdiction of State Banking Department·Ch. 27 CASHING OF CHECKS, DRAFTS OR MONEY ORDERS·Subch. General Provisions

The provisions of this chapter shall not apply:

(1)When checks, drafts or money orders are cashed without a consideration or charge;

(2)When checks, drafts or money orders are cashed by any person as an incident to the conduct of any other lawful business where not more than 10 cents is charged for cashing each check, draft or money order;

(3)To any national bank, federal reserve bank, federal savings bank, federal credit union or other person authorized by the laws of the United States to engage in the business of cashing checks, drafts or money orders in this State, or to any person doing business under or pursuant to the banking laws of this State, except a licensee under this chapter.

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The provisions of this chapter shall not apply:

(1) When checks, drafts or money orders are cashed without a consideration or charge;

(2) When checks, drafts or money orders are cashed by any person as an incident to the conduct of any other lawful business where not more than 10 cents is charged for cashing each check, draft or money order;

(3) To any national bank, federal reserve bank, federal savings bank, federal credit union or other person authorized by the laws of the United States to engage in the business of cashing checks, drafts or money orders in this State, or to any person doing business under or pursuant to the banking laws of this State, except a licensee under this chapter.

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