N.J. Admin. Code § 5:27-11.2

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

Section 5:27-11.2 - Check cashing

(a) No check payable to a resident may be cashed by a licensee unless such check has been endorsed by the resident voluntarily and without coercion.

(b) Unless otherwise agreed by the resident, all proceeds of a check given by a resident to a licensee for cashing shall be promptly delivered to the resident by the licensee.

N.J. Admin. Code § 5:27-11.2

Administrative Correction to (a).
See: 22 New Jersey Register 921(b).