2010 Mississippi Code
TITLE 75 - REGULATION OF TRADE, COMMERCE AND INVESTMENTS
Chapter 15 - Sale of Checks.
75-15-3 - Definitions.
§ 75-15-3. Definitions.
For the purposes of this chapter:
(a) "Person" means any individual, partnership, association, joint stock association, trust or corporation, but does not include the United States government or the government of this state.
(b) "Licensee" means a person duly licensed by the commissioner under this chapter.
(c) "Check" means any check, draft, money order, personal money order or other instrument, including, but not limited to, stored value cards, for the transmission or payment of money. The format of a check may be either paper, electronic, plastic or any combination thereof.
(d) "Personal money order" means any instrument for the transmission or payment of money in relation to which the purchaser or remitter appoints or purports to appoint the seller thereof as his agent for the receipt, transmission or handling of money, whether such instrument be signed by the seller or by the purchaser or remitter or some other person.
(e) "Sell" means to sell, to issue or to deliver a check.
(f) "Deliver" means to deliver a check to the first person who in payment for same makes or purports to make a remittance of or against the face amount thereof, whether or not the deliverer also charges a fee in addition to the face amount, and whether or not the deliverer signs the checks.
(g) "Commissioner" or "comptroller" means the Commissioner of Banking and Consumer Finance of the State of Mississippi.
(h) "Records" or "documents" means any item in hard copy or produced in a format of storage commonly described as electronic, imaged, magnetic, microphotographic or otherwise, and any reproduction so made shall have the same force and effect as the original thereof and be admitted in evidence equally with the original.
Sources: Codes, 1942, § 5131-02; Laws, 1966, ch. 257, § 2; Laws, 2000, ch. 621, § 8; Laws, 2003, ch. 340, § 1, eff from and after passage (approved Mar. 7, 2003.)
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