New York A08761 directs the superintendent of financial services to analyze the financial stability of the check cashing industry and review the.

New York A08761 mandates the superintendent of financial services to conduct an analysis of the financial stability of the check cashing industry, based on licensees' annual reports and store closures. The superintendent must also review the current licensing system for check cashing businesses, including the costs and processes involved. Reports on both analyses must be submitted to the governor and relevant committee chairs within 180 days of the act's effective date.

New York A08761 directs the superintendent of financial services to analyze the financial stability of the check cashing industry and review the.

New York A08761 mandates the superintendent of financial services to conduct an analysis of the financial stability of the check cashing industry, based on licensees' annual reports and store closures. The superintendent must also review the current licensing system for check cashing businesses, including the costs and processes involved. Reports on both analyses must be submitted to the governor and relevant committee chairs within 180 days of the act's effective date.