N.J. Admin. Code § 3:24-5.7

Current through Register Vol. 56, No. 21, November 4, 2024

Section 3:24-5.7 - Prohibitions

(a) In addition to the prohibitions contained in 17:15A-30 et seq., no licensee or person acting on behalf of a licensee shall:

1. Cash a check made payable to "cash";

2. Cash a check using any form of consideration other than cash; or

3. Cash a check for anyone other than the payee named on the face of the check, except where the presenter of the check to be cashed has obtained a written, notarized authorization from a disabled payee specifically requesting the presenter to cash the check.

N.J. Admin. Code § 3:24-5.7