Fla. Admin. Code Ann. R. 69V-560.804 - Payment Method
(1) Payment shall
be made immediately in currency for every payment instrument received by a
person engaging in the activities of a check casher.
(2) Each deferred presentment provider shall
immediately provide the drawer with currency for the full amount of his or her
personal check to be held by the provider, less only the fees authorized by
section 560.404, F.S. Only deferred
presentment providers that are Part II licensees may provide a payment
instrument, including an Automated Clearing House credit, in lieu of
currency.
Notes
Rulemaking Authority 560.105, 560.404(23) FS. Law Implemented 560.302(1), 560.309, 560.404 FS.
New 9-24-97, Amended 12-17-01, Formerly 3C-560.804, Amended 1-13-09.
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