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Me. Rev. Stat. tit. 32, § 6143

Penalties

Known as the Check Cashing and Foreign Currency Exchange Act

The act spans §§ 6131 to 6146 (16 sections).

PL 1997, c. 155, §A2 (NEW).

1. Criminal penalty. A person who carries on a business regulated by this subchapter without a valid registration is guilty of a Class E crime.

2. Civil penalty. A registrant who fails to comply with a provision of this subchapter is subject to a civil action in which a court may assess a penalty not to exceed $5,000 or actual damages, whichever is greater.

Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.