28-8-5-21.1. Applicability of Law Governing Administrative Orders and Procedures; Venue
Sec. 21.1. Except as otherwise provided, IC 4-21.5 applies to and governs all agency action taken by the department under this chapter. A proceeding for administrative review under IC 4-21.5-3 or judicial review under IC 4-21.5-5 must be held in Marion County. As added by P.L.35-2010, SEC.190.
28-8-5-22. Suspension or Revocation of License; Order to Show Cause; Order of Suspension or Revocation; Relinquishment of License; Existing Obligations; Emergency Order for Revocation
Sec. 22. (a) The department may issue to a licensee an order to show cause why the licensee’s license should not be revoked or suspended for a period determined by the department. (b) An order issued under subsection (a) must: (1) include: (A) a statement of the place, date, and time for a meeting with […]
28-8-5-22.5. Failure to File Renewal Form or Pay Renewal Fee; Revocation or Suspension of License
Sec. 22.5. (a) A license issued by the department under this chapter may be revoked or suspended by the department if the person fails to: (1) file any renewal applications prescribed by the director; or (2) pay any license renewal fee described under section 15 of this chapter; not later than sixty (60) days after […]
28-8-5-23. Investigations; Void Check Cashing Transactions
Sec. 23. (a) If the department determines that a reasonable belief exists that a person is operating without a valid license or in violation of this chapter, the department may investigate the person. (b) If a person knowingly acts as a casher of checks without the license required by section 12 of this chapter, the […]
28-8-5-24. Civil Penalties; Civil Action by Department
Sec. 24. (a) If the department determines, after notice and an opportunity to be heard, that a person has violated this chapter, the department may, in addition to or instead of all other remedies available under this chapter, impose upon the person a civil penalty not greater than ten thousand dollars ($10,000) per violation. (b) […]
28-8-5-24.5. Compliance With Money Laundering Laws; Investigation and Enforcement by Department
Sec. 24.5. (a) A licensee shall comply with all state and federal money laundering statutes and regulations, including the following: (1) The Bank Secrecy Act (31 U.S.C. 5311 et seq.). (2) The USA Patriot Act of 2001 (P.L. 107-56). (3) Any regulations, policies, or reporting requirements established by the Financial Crimes Enforcement Network of the […]
28-8-5-25. Violations
Sec. 25. A licensee who violates the provisions of this chapter commits a Class A misdemeanor. As added by P.L.42-1993, SEC.86.
28-8-5-17. Check Cashing Fee Limitations
Sec. 17. (a) Except as otherwise provided in this chapter, a licensee may not charge check cashing fees in excess of: (1) the greater of ten dollars ($10) or ten percent (10%) of the face amount of a check, in the case of a personal check; or (2) the greater of five dollars ($5) or […]
28-8-5-18. Record Keeping; Duty to Safeguard Personal Records
Sec. 18. (a) A licensee shall keep its books, accounts, and records satisfactory to the department for each transaction for at least three (3) years from the transaction date. (b) A licensee shall keep its books, accounts, and records separate from those of any other type of business and in a manner that reflects the […]
28-8-5-18.2. Carrying on Other Business
Sec. 18.2. A licensee may carry on other business at a location where the licensee conducts the business of cashing checks unless the licensee carries on other business for the purpose of evasion or violation of this chapter. As added by P.L.159-2017, SEC.50.