For the purposes of this chapter, all mobile check-cashing services must:
(1) be licensed as a Level I licensee;
(2) be a registered and licensed armored vehicle in accordance with the laws of this State;
(3) be considered a "branch" of a check-cashing business for purposes of licensure through this chapter; and
(4) keep records in accordance with this chapter that are returned daily to either the main office or another nonmobile branch of the business.
HISTORY: 1998 Act No. 433, Section 2, eff upon approval (became law without the Governor's signature on June 11, 1998).