Section 480F-3 - Authorized fees No check casher shall charge fees in excess of the following amounts:
(1) Five per cent of the face amount of the check or $5, whichever is greater;(2) Three per cent of the face amount of the check or $5, whichever is greater, if the check is the payment of any kind of state public assistance or federal social security benefit payable to the bearer of the check;(3) Ten per cent of the face amount of a personal check or money order, or $5, whichever is greater; or(4) No more than $10 to set up an initial account and issue an optional membership or identification card, and no more than $5 for a replacement optional identification card. Amended by L 2021, c 56,§ 8, eff. 1/1/2022. L 1999, c 146 , pt of §1; am L 2001, c 20, §1 .