53-284. Suspension and revocation of license; grounds; procedure.
(a) The Commissioner may suspend or revoke any license or licenses issued pursuant to this Article if, after notice and opportunity for hearing, the Commissioner issues written findings that the licensee has engaged in any of the following conduct:
(1) Violated this Article or applicable State or federal law or rules.
(2) Made a false statement on the application for a license under this Article.
(3) Refused to permit investigation by the Commissioner authorized under this Article.
(4) Failed to comply with an order of the Commissioner.
(5) Demonstrated incompetency or untrustworthiness to engage in the business of check cashing.
(6) Been convicted of a felony or misdemeanor involving fraud, misrepresentation, or deceit.
(b) The Commissioner may not suspend or revoke any license issued under this Article unless the licensee has been given notice and opportunity for hearing in accordance with Article 3A of Chapter 150B of the General Statutes. (1997-391, s. 1.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 53 - Regulation of Financial Services
Article 22 - Check-Cashing Businesses.
§ 53-278 - Application for license; investigation; application fee.
§ 53-279 - Liquid assets required; other qualifications; denial of license; hearing.
§ 53-280 - Maximum fees for service; fees posted; endorsement of checks cashed.
§ 53-282 - Record keeping; receipt requirements.
§ 53-283 - Prohibited practices.
§ 53-284 - Suspension and revocation of license; grounds; procedure.
§ 53-285 - Cease and desist orders.
§ 53-286 - Civil penalties and restitution.
§ 53-287 - Criminal penalties.
§ 53-288 - Commissioner to adopt rules.
§ 53-289 - Commission may review rules, orders, or acts by Commissioner.