Title 7, Chapter 1, Section 700
As used in this article, the term:
(1) "Check casher" means an individual, partnership, association,
or corporation engaged in cashing checks, money orders, or other
drafts for a fee. Such fee may be payable in cash, in the form of
exchange of value in excess of regular retail value, in the form
of mandatory purchase of goods or services by patrons on a regular
basis, which shall mean the check casher conducts such services
more than ten times in any calendar month, or in the form of the
purchase of catalog items or coupons or other items indicating the
ability to receive goods, services, or catalog items.
(2) "Licensed casher of checks" means any individual, partnership,
association, or corporation duly licensed by the Department of
Banking and Finance to engage in business pursuant to the
provisions of this article.
(3) "Licensee" means a licensed casher of checks, drafts, or money