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§ 2302. Purpose

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 63 P.S. Professions and Occupations (State Licensed)

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 63 P.S. Professions and Occupations (State Licensed) (Refs & Annos)
Chapter 37. Check Casher Licensing Act (Refs & Annos)
Chapter 1. General Provisions
63 P.S. § 2302
§ 2302. Purpose
Currentness
The General Assembly hereby finds and declares that check cashers which engage in the business of cashing checks provide vital financial services which some citizens of this Commonwealth find unavailable or inconvenient to obtain from traditional banking institutions and that it is in the public interest, convenience and welfare to:
(1) Prevent the charging of unconscionable rates.
(2) Insure the financial stability of the check-cashing industry.
(3) Regulate the manner of performance of check-cashing service.
(4) Seek the check-cashing industry's assistance in preventing money-laundering activities.

Credits

1998, Feb. 18, P.L. 146, No. 22, § 102, effective in 60 days.
63 P.S. § 2302, PA ST 63 P.S. § 2302
Current through 2023 Regular Session Act 32. Some statute sections may be more current, see credits for details.
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