Sec. 17. (a) Except as otherwise provided in this chapter, a licensee may not charge check cashing fees in excess of: (1) the greater of ten dollars ($10) or ten percent (10%) of the face amount of a check, in the case of a personal check; or (2) the greater of five dollars ($5) or five percent (5%) of the face amount of a check, in the case of all other checks. (b) Except as provided in this chapter, a licensee or the licensee's agent may not accept multiple checks from a: (1) person; (2) person's spouse; or (3) person's agent; drawn on the person's account with the intent that the licensee may collect multiple or increased fees for cashing the checks.
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