DIVISION 3. CHECK SELLERS, BILL PAYERS, AND PRORATERS 12000-12404›CHAPTER 4. Licensee Regulations 12300-12332

§ 12310

California Financial Code · 2018-11 edition · updated 2026-10-04 · California

A licensee under this division shall not sell checks payable to bearer, to cash, or to the purchaser, but a licensee may sell a check in which the name of the payee is not designated in any way if the check does not exceed one hundred fifty dollars ($150) in amount.

(Amended by Stats. 1955, Ch. 774.)

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California Financial Code

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