New Jersey Administrative Code
Title 5 - COMMUNITY AFFAIRS
Chapter 27 - REGULATIONS GOVERNING ROOMING AND BOARDING HOUSES
Subchapter 11 - FINANCIAL SERVICES
Section 5:27-11.2 - Check cashing
Universal Citation: NJ Admin Code 5:27-11.2
Current through Register Vol. 56, No. 6, March 18, 2024
(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.
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