{"data":{"id":"us-ma/mass.-gen.-laws-ch.-169a-2","jurisdiction":"us-ma","citation":"Mass. Gen. Laws ch. 169A, § 2","heading":"License; rules and regulations","body":"Section 2. No person or entity shall engage in cashing checks, drafts or money orders for a consideration in excess of one dollar per item without first obtaining a license from the commissioner. Nothing in this chapter shall be construed to apply to a bank, as defined in section one of chapter one hundred and sixty-seven, a national banking association, a federally chartered credit union, a federal savings and loan association or a federal savings bank. The commissioner shall establish rules and regulations, which may include an adequate capitalization requirement, for each place of business or mobile unit of a licensee to aid in the administration and enforcement of this chapter.","path":["Part I","Title XXII","Chapter 169A"],"source_url":"https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter169A/Section2","current_through":"amendments passed before May 31, 2026","vintage":"","retrieved_at":"2026-09-17T05:24:01Z","sha256":"4fdb119eecb67247c8e8b037c53f76b3a70bf2507b5c97034545694007e12f97","source_id":"us-ma","stale":false,"prev":"us-ma/mass.-gen.-laws-ch.-169a-1","next":"us-ma/mass.-gen.-laws-ch.-169a-3"},"notice":"GroundRules: Original legal text. Not legal advice."}