Skip to main content
Back To Top Top Back To Top
Home Button Home Button Home Button
The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 1315.25 | Conditions for deposit of checks into financial institution.

Ohio Revised Code
/
Title 13 Commercial Transactions
/
Chapter 1315 Transmitters Of Money; Check-cashing Businesses
 
Effective:
July 30, 1993
Latest Legislation:
House Bill 266 - 120th General Assembly
PDF:
Download Authenticated PDF
 

On and after January 1, 1993, no check-cashing business shall deposit, in a financial institution, any check cashed by the check-cashing business unless both of the following conditions are met:

(A) The check is indorsed with the name of the check-cashing business that appears on its license.

(B) The words "licensed check-cashing business" are written legibly or stamped immediately after or below the name of the indorser.

Available Versions of this Section