§ 12310
51 words·~1 min read·
/ca/financial-code/12310A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A licensee under this division shall not sell checks payable to bearer, to cash, or to the purchaser, but a licensee may sell a check in which the name of the payee is not designated in any way if the check does not exceed one hundred fifty dollars ($150) in amount.