CERTIFICATION OF ENROLLMENT

 

                        HOUSE BILL 1865

 

 

                   Chapter 143, Laws of 1993

 

 

                        53rd Legislature

                      1993 Regular Session

 

 

        CHECK CASHERS AND SELLERS‑-SUPERVISOR OF BANKING

       ENFORCEMENT POWERS REGARDING UNLICENSED OPERATION

 

 

                    EFFECTIVE DATE:  7/25/93

Passed by the House March 9, 1993

  Yeas 98   Nays 0

 

 

 

BRIAN EBERSOLE

Speaker of the

       House of Representatives

 

Passed by the Senate April 12, 1993

  Yeas 45   Nays 0

               CERTIFICATE

 

I, Alan Thompson, Chief Clerk of the House of Representatives of the State of Washington, do hereby certify that the attached is HOUSE BILL 1865 as passed by the House of Representatives and the Senate on the dates hereon set forth.

 

 

 

JOEL PRITCHARD

President of the Senate

ALAN THOMPSON

                               Chief Clerk

 

 

Approved April 30, 1993 Place Style On Codes above, and Style Off Codes below.

                                     FILED          

 

 

               April 30, 1993 - 10:17 a.m.

 

 

 

MIKE LOWRY

Governor of the State of Washington

                        Secretary of State

                       State of Washington


                              _______________________________________________

 

                                                      HOUSE BILL 1865

                              _______________________________________________

 

                                                       Passed Legislature - 1993 Regular Session

 

 

State of Washington                              53rd Legislature                             1993 Regular Session

 

By Representatives Mielke, Kremen, Zellinsky, Dorn, R. Meyers, Schmidt, Tate and Dellwo

 

Read first time 02/12/93.  Referred to Committee on Financial Institutions & Insurance.

 

Preventing check cashers and sellers from operating without a license.


          AN ACT Relating to powers of the supervisor of banking to prevent check cashers and sellers from operating without a required license; and amending RCW 31.45.010.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

 

        Sec. 1.  RCW 31.45.010 and 1991 c 355 s 1 are each amended to read as follows:

          Unless the context clearly requires otherwise, the definitions in this section apply throughout this chapter.

          (1) "Check casher" means an individual, partnership, unincorporated association, or corporation that, for compensation, engages, in whole or in part, in the business of cashing checks, drafts, money orders, or other commercial paper serving the same purpose.

          (2) "Check seller" means an individual, partnership, unincorporated association, or corporation that, for compensation, engages, in whole or in part, in the business of or selling checks, drafts, money orders, or other commercial paper serving the same purpose.

          (3) "Licensee" means a check casher or seller licensed by the supervisor to engage in business in accordance with this chapter.  For purposes of the enforcement powers of this chapter, including the power to issue cease and desist orders under RCW 31.45.110, "licensee" also means a check casher or seller who fails to obtain the license required by this chapter.

          (4) "Supervisor" means the supervisor of banking.


          Passed the House March 9, 1993.

          Passed the Senate April 12, 1993.

Approved by the Governor April 30, 1993.

          Filed in Office of Secretary of State April 30, 1993.