Indiana § 28-8-5-23 Investigations; void check cashing transactions

Indiana Statutes

§ 28-8-5-23 — Investigations; void check cashing transactions

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

(a)If the department determines that a reasonable belief exists that a person is operating without a valid license or in violation of this chapter, the department may investigate the person.

(b)If a person knowingly acts as a casher of checks without the license required by section 12 of this chapter, the check cashing transaction is void and the customer is not required to pay any check cashing fees to the person. If the customer has paid any check cashing fees to the person, the customer, or the department on behalf of the customer, is entitled to recover the payment from the person.

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(a) If the department determines that a
reasonable belief exists that a person is operating without a valid
license or in violation of this chapter, the department may investigate
the person.
(b) If a person knowingly acts as a casher of checks without the
license required by section 12 of this chapter, the check cashing
transaction is void and the customer is not required to pay any check
cashing fees to the person. If the customer has paid any check cashing
fees to the person, the customer, or the department on behalf of the
customer, is entitled to recover the payment from the person.

Indiana § 28-8-5-23 (Investigations; void check cashing transactions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.