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§ 560.304 — Florida Law | CourtGPT
  1. Home/
  2. Laws/
  3. Florida/
  4. Title Xxxiii - Regulation of Trade, Commerce, Investments, and Solicitations/
  5. Chapter 560 - Money Services Businesses/
  6. Part III - Check Cashing and Foreign Currency Exchange (Ss. 560.303-560.312)560.303 - License Required/
  7. § 560.304
Florida Legal Code

§ 560.304

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560.304 Exemption from licensure.—The requirement for licensure under this part does not apply to a person cashing payment instruments that have an aggregate face value of less than $2,000 per person per day and that are incidental to the retail sale of goods or services whose compensation for cashing payment instruments at each site does not exceed 5 percent of the total gross income from the retail sale of goods or services by such person during the last 60 days.History.—s. 3, ch. 94-238; s. 3, ch. 94-354; s. 40, ch. 2008-177.