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Marginalia
Code · Minnesota · Chapter 53

53A.01 DEFINITIONS.

99 words·~1 min read·/mn/chapter-53/53a-01

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53A.01 DEFINITIONS.
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Subdivision 1. Currency exchange.
"Currency exchange" means any person, except a bank, trust company, savings bank, savings association, credit union, or industrial loan and thrift company, engaged in the business of cashing checks, drafts, money orders, or travelers' checks for a fee. "Currency exchange" does not include a person who provides these services incidental to the person's primary business if the charge for cashing a check or draft does not exceed $1 or one percent of the value of the check or draft, whichever is greater.
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Subd. 2. Commissioner.
"Commissioner" means the commissioner of commerce.
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