Indiana § 28-8-5-11 License required; application; contents; tax warrant list; application fee

Indiana Statutes

§ 28-8-5-11 — License required; application; contents; tax warrant list; application fee

Indiana·Art. 8 FINANCIAL SERVICES·Ch. 5 Cashing Checks

(a)A person shall not engage in the business of cashing checks for consideration without first obtaining a license.

(b)Each application for a license shall be in writing in such form as the director may prescribe and shall include all of the following:

(1)The following information pertaining to the applicant:

(A)Name.

(B)Residence address.

(C)Business address.

(2)The following information pertaining to any individual described in section 12(b)(1) of this chapter:

(A)Name.

(B)Residence address.

(C)Business address.

(D)Whether the person:

(i)is, at the time of the application, under indictment for a felony under the laws of Indiana or any other jurisdiction; or

(ii)has been convicted of a felony under the laws of Indiana or any other jurisdiction.

(3)The address where the appli

Free access — add to your briefcase to read the full text and ask questions with AI

(a) A person shall not engage in the business
of cashing checks for consideration without first obtaining a license.
(b) Each application for a license shall be in writing in such form as
the director may prescribe and shall include all of the following:
(1) The following information pertaining to the applicant:
(A) Name.
(B) Residence address.
(C) Business address.
(2) The following information pertaining to any individual
described in section 12(b)(1) of this chapter:
(A) Name.
(B) Residence address.
(C) Business address.
(D) Whether the person:
(i) is, at the time of the application, under indictment for a
felony under the laws of Indiana or any other jurisdiction; or
(ii) has been convicted of a felony under the laws of Indiana
or any other jurisdiction.
(3) The address where the applicant's office or offices will be
located.
(4) If the department of state revenue notifies the department that
a person is on the most recent tax warrant list, the department
shall not issue or renew the person's license until:
(A) the person provides to the department a statement from the
department of state revenue that the person's tax warrant has
been satisfied; or
(B) the department receives a notice from the commissioner of
the department of state revenue under IC 6-8.1-8-2(k).
(5) Such other data, financial statements, and pertinent
information as the director may require.
(c) The application shall be filed with a nonrefundable fee fixed by
the department under IC 28-11-3-5.

Indiana § 28-8-5-11 (License required; application; contents; tax warrant list; application fee) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.42-1993, SEC.86. Amended by P.L.122-1994, SEC.105; P.L.10-2006, SEC.62 and P.L.57-2006, SEC.62; P.L.213-2007, SEC.86; P.L.217-2007, SEC.84; P.L.90-2008, SEC.63; P.L.35-2010, SEC.185; P.L.172-2011, SEC.135; P.L.137-2014, SEC.34; P.L.159-2017, SEC.49.