North Carolina § 53-275 - Definitions.
Full text of North Carolina North Carolina General Statutes § 53-275 — Definitions., with citation guidance and answers to common questions.
§ 53-275. Definitions.
As used in this Article, unless the context clearly requires otherwise, the term: "Cashing" means providing currency for payment instruments, but does not include the bona fide sale or exchange of travelers checks and foreign denomination payment instruments. "Check-cashing service" means any person or entity engaged in the business of cashing checks, drafts, or money orders for a fee, service charge, or other consideration. "Commission" means the State Banking Commission. "Commissioner" means the Commissioner of Banks. "Licensee" means a person or entity licensed to engage in a check-cashing business under this Article. "Person" means an individual, partnership, association, or corporation. History (1997-391, s. 1.) Legal Periodicals. - For 1997 legislative survey, see 20 Campbell L. Rev. 401.
Frequently Asked Questions About North Carolina § 53-275
What does North Carolina General Statutes § 53-275 cover?
Section 53-275 ("Definitions.") is part of the North Carolina General Statutes, the codified statutory law of North Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite North Carolina § 53-275?
A common citation format is "North Carolina General Statutes § 53-275" (North Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of North Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Carolina official source linked on this page or consult a licensed North Carolina attorney.
How does North Carolina § 53-275 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in North Carolina.