§ 2742 — Limitation on fees and charges for cashing checks or money orders

Delaware § 2742

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

Text

The licensee shall not charge or collect in fees or charges for cashing a check, draft or money order a sum to exceed 2 percent thereof, or $4, whichever is greater. In every location and upon every mobile unit licensed under this chapter, there shall be conspicuously posted and at all times displayed, a schedule of fees and charges permitted under this chapter.

Legislative History

Code 1935, § 2408G; 46 Del. Laws, c. 287, § 1 ; 5 Del. C. 1953, § 2742; 67 Del. Laws, c. 88, § 1 ; 69 Del. Laws, c. 165, § 27