SENATE STATE MANAGEMENT, INVESTMENT AND FINANCIAL INSTITUTIONS COMMITTEE
STATEMENT TO
ASSEMBLY, No. 1632
STATE OF NEW JERSEY
DATED: JUNE 6, 1996
The Senate State Management, Investment and Financial Institutions Committee reports Senate Bill No. 1632.
This bill applies to depository institutions the provisions of current law which prohibit other persons who cash a check for a consumer from recording a charge card or credit card account number on the check. Current law does not prohibit a person, as a condition for cashing a check, from requiring a customer to show a credit card or charge card and recording the type of card shown and the expiration date of the card nor does it require a person to cash a check for a consumer.