§480F-3  Authorized fees.  No check casher shall charge fees in excess of the following amounts:

     (1)  Five per cent of the face amount of the check or $5, whichever is greater;

     (2)  Three per cent of the face amount of the check or $5, whichever is greater, if the check is the payment of any kind of state public assistance or federal social security benefit payable to the bearer of the check;

     (3)  Ten per cent of the face amount of a personal check or money order, or $5, whichever is greater; or

     (4)  No more than $10 to set up an initial account and issue an optional membership or identification card, and no more than $5 for a replacement optional identification card. [L 1999, c 146, pt of §1; am L 2001, c 20, §1; am L 2021, c 56, §8]