Conn. Agencies Regs. § 36a-585-1

Current through December 27, 2024
Section 36a-585-1 - Check cashing fees
(a) No check cashing service licensed under Section 36a-581 of the Connecticut General Statutes shall charge or collect in fees, charges or otherwise for cashing a check, draft or money order drawn on a depository institution, a sum exceeding two percent of the item.
(b) Each licensee shall give to the individual cashing a check, draft or money order a receipt which shall, at minimum, include the following:
(1) Date on which the check, draft or money order is cashed;
(2) Name of the payee of the check, draft or money order;
(3) Face amount of the check, draft or money order; and
(4) The fee collected for cashing the check, draft or money order.

Conn. Agencies Regs. § 36a-585-1

Effective May 17, 1990; Transferred April 24, 1995