Subdivision 1. Deposits; escrow accounts. A currency exchange may not accept money or currency for deposit, or act as bailee or agent for persons, firms, partnerships, associations, or corporations to hold money or currency in escrow for others for any purpose. However, a currency exchange may act as agent for the issuer of money orders or travelers' checks.
Subd. 2. Gambling establishments. A currency exchange located on the premises of a gambling establishment as defined in section 256.9831, subdivision 1, may not cash a warrant that bears a restrictive endorsement under section 256.9831, subdivision 3.
1989 c 247 s 9; 1996 c 465 art 3 s 1
Structure Minnesota Statutes
Chapter 53A — Currency Exchanges
Section 53A.03 — Application For License; Fees.
Section 53A.04 — Approval Or Denial Of An Application.
Section 53A.05 — Change Of Name, Ownership, Or Location.
Section 53A.06 — Fine, Suspension, Or Revocation Of License.
Section 53A.07 — Filing Of Fees; Unreasonable Fees.
Section 53A.09 — Powers; Limitations; Prohibitions.