53-286. Civil penalties and restitution.
The Commissioner may order and impose civil penalties upon any person required to be licensed under this Article for violations of this Article or rules adopted thereunder. Civil penalties shall not exceed one thousand dollars ($1,000) per violation. All civil money penalties collected under this Article shall be paid to the county school fund. The Commissioner may also order repayment of unlawful or excessive fees charged to customers. (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.