§ 19-14.4-4 - Fees for services. - Rhode-island Statutes

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SECTION 19-14.4-4

§ 19-14.4-4 Fees for services. – No licensee shall:

(1) Charge check-cashing fees in excess of three percent (3%)of the face amount of the check, or five dollars ($5.00), whichever is greater,if the check is the payment of any kind of state public assistance or federalsocial security benefit;

(2) Charge check-cashing fees for personal checks in excessof ten percent (10%) of the face amount of the personal check or five dollars($5.00), whichever is greater; or

(3) Charge check-cashing fees in excess of five percent (5%)of the face amount of the check or five dollars ($5.00), whichever is greater,for all other checks.

(4) Charge deferred deposit transaction fees in excess offifteen percent (15%) of the amount of funds advanced.

State Codes and Statutes

Statutes > Rhode-island > Title-19 > Chapter-19-14-4 > 19-14-4-4

SECTION 19-14.4-4

§ 19-14.4-4 Fees for services. – No licensee shall:

(1) Charge check-cashing fees in excess of three percent (3%)of the face amount of the check, or five dollars ($5.00), whichever is greater,if the check is the payment of any kind of state public assistance or federalsocial security benefit;

(2) Charge check-cashing fees for personal checks in excessof ten percent (10%) of the face amount of the personal check or five dollars($5.00), whichever is greater; or

(3) Charge check-cashing fees in excess of five percent (5%)of the face amount of the check or five dollars ($5.00), whichever is greater,for all other checks.

(4) Charge deferred deposit transaction fees in excess offifteen percent (15%) of the amount of funds advanced.

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State Codes and Statutes

Statutes > Rhode-island > Title-19 > Chapter-19-14-4 > 19-14-4-4

SECTION 19-14.4-4

§ 19-14.4-4 Fees for services. – No licensee shall:

(1) Charge check-cashing fees in excess of three percent (3%)of the face amount of the check, or five dollars ($5.00), whichever is greater,if the check is the payment of any kind of state public assistance or federalsocial security benefit;

(2) Charge check-cashing fees for personal checks in excessof ten percent (10%) of the face amount of the personal check or five dollars($5.00), whichever is greater; or

(3) Charge check-cashing fees in excess of five percent (5%)of the face amount of the check or five dollars ($5.00), whichever is greater,for all other checks.

(4) Charge deferred deposit transaction fees in excess offifteen percent (15%) of the amount of funds advanced.