Date: | 07/01/1998 |
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Organization: | Division of Banks |
Docket Number: | 98-144 |
This opinion was issued in the third quarter of 1998.
Date: | 07/01/1998 |
---|---|
Organization: | Division of Banks |
Docket Number: | 98-144 |
This opinion was issued in the third quarter of 1998.
Mass. Gen. Laws chapter 169, section 1 exempts telegraph companies from the foreign transmittal licensing requirements of said section. However, any entity, other than a bank authorized to do business in the Commonwealth, and intending to engage in the business of selling, issuing or registering checks or money orders must obtain a check seller's license pursuant to Mass. Gen. Laws chapter 167F, section 4.