(2) Make payment to a customer for whom a check is being cashed upon presentment of the check.(3) Endorse the name in which the licensee is licensed on all checks before depositing them in a financial institution.(4) Cash a check made payable only to a natural person as payee unless the licensee has previously obtained appropriate documentation from a payee clearly indicating the authority of the natural person or persons cashing the check on behalf of the payee.(b) If a licensee engages in a check cashing transaction in which the amount on the check is at least three thousand dollars ($3,000) or in which the sum of the amounts on two (2) or more checks from the same customer on the same day total at least three thousand dollars ($3,000), the licensee must obtain:(1) the thumbprint of the customer or a photograph of both the customer and the check;(2) the full name of the customer;(3) the residence address of the customer; and(4) the identification of the customer by:(A) Social Security number;(B) driver's license th the customer and the check;(2) the full name of the customer;(3) the residence address of the customer; and(4) the identification of the customer by:(A) Social Security number;(B) driver's license number;(C) passport number; or(D) other traceable record.As added by P.L.42-1993, SEC.86. Amended by P.L.11-2023, SEC.91.
Indiana Legal Code