California Law (Last Updated: March 4, 2014) |
Financial Code - FIN |
Division 3. CHECK SELLERS, BILL PAYERS, AND PRORATERS |
Chapter 4. Licensee Regulations |
Section 12310.
Latest version.
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A licensee under this division shall not sell checks payable to bearer, to cash, or to the purchaser, but a licensee may sell a check in which the name of the payee is not designated in any way if the check does not exceed one hundred fifty dollars ($150) in amount.
(Amended by Stats. 1955, Ch. 774.)