CERTIFICATION OF ENROLLMENT

                        HOUSE BILL 1865

                        53rd Legislature

                      1993 Regular Session

Passed by the House March 9, 1993   Yeas 98   Nays 0 Speaker of the        House of Representatives Passed by the Senate April 12, 1993   Yeas 45   Nays 0

CERTIFICATE I, Alan Thompson, Chief Clerk of the House of Representatives of the State of Washington, do hereby certify that the attached is HOUSE BILL 1865 as passed by the House of Representatives and the Senate on the dates hereon set forth.

President of the Senate

Chief Clerk

Approved Place Style On Codes above, and Style Off Codes below.

FILED

Governor of the State of Washington

Secretary of State                        State of Washington

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                                                      HOUSE BILL 1865

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                                                       Passed Legislature - 1993 Regular Session

State of Washington                              53rd Legislature                             1993 Regular Session

By Representatives Mielke, Kremen, Zellinsky, Dorn, R. Meyers, Schmidt, Tate and Dellwo

Read first time 02/12/93.  Referred to Committee on Financial Institutions & Insurance.

Preventing check cashers and sellers from operating without a license.

          AN ACT Relating to powers of the supervisor of banking to prevent check cashers and sellers from operating without a required license; and amending RCW 31.45.010.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

        Sec. 1.  RCW 31.45.010 and 1991 c 355 s 1 are each amended to read as follows:

          Unless the context clearly requires otherwise, the definitions in this section apply throughout this chapter.

          (1) "Check casher" means an individual, partnership, unincorporated association, or corporation that, for compensation, engages, in whole or in part, in the business of cashing checks, drafts, money orders, or other commercial paper serving the same purpose.

          (2) "Check seller" means an individual, partnership, unincorporated association, or corporation that, for compensation, engages, in whole or in part, in the business of or selling checks, drafts, money orders, or other commercial paper serving the same purpose.

          (3) "Licensee" means a check casher or seller licensed by the supervisor to engage in business in accordance with this chapter.  For purposes of the enforcement powers of this chapter, including the power to issue cease and desist orders under RCW 31.45.110, "licensee" also means a check casher or seller who fails to obtain the license required by this chapter.

          (4) "Supervisor" means the supervisor of banking.

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