53-287. Criminal penalties.
A violation of G.S. 53-276 by a person required to obtain a license under this Article is a Class I felony. Each transaction involving the unlawful cashing of a check, draft, or money order constitutes a separate offense. (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.