North Carolina Statutes

§ 53-283 — Prohibited practices

North Carolina·Ch. 53 Regulation of Financial Services·Art. 22 Check-Cashing Businesses

No person required to be licensed under this Article shall do any of the following:

(1)Charge fees in excess of those authorized under this Article.
(2)Engage in the business of making loans of money, or extensions of credit, or discounting notes, bills of exchange, items, or other evidences of debt; or accepting deposits or bailments of money or items, except as expressly provided by G.S. 53-281.
(3)Use or cause to be published or disseminated any advertising communication which contains any false, misleading, or deceptive statement or representation.
(4)Conduct business at premises or locations other than locations licensed by the Commissioner.
(5)Engage in unfair, deceptive, or fraudulent practices.
(6)Cash a check, draft, or money order made payable to a payee other than a natura

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

North Carolina § 53-283 (Prohibited practices) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
View on official source ↗