75-15-7 - Exemption from license requirement. - Mississippi Statutes

§ 75-15-7. Exemption from license requirement.
 

Nothing in this chapter shall apply to the sale or issuance or delivering of checks by: 
 

(a) Banks, trust companies, and savings and loan associations, authorized to do business in this state; 

(b) The government of the United States or any department or agent thereof; 

(c) The State of Mississippi or any municipal corporation, county or other political subdivision of this state; 

(d) Agents of a licensee, as provided for in Section 75-15-17, provided that this exemption shall apply only to the agent's acts on behalf of the licensee and this exemption shall not exempt the agent from the provisions of this chapter where he issues his own checks for his own account; 

(e) Attorneys at law, as to checks issued in the regular course of the practice of law; or 

(f) Persons not carrying on the trade or business of selling, issuing or delivering checks, this exemption being intended to include persons who sell, issue or deliver checks only as an incidental act to another trade or business regularly carried on by them, and persons who only occasionally and infrequently sell, issue or deliver checks for another person. 
 

Sources: Codes, 1942, § 5131-04; Laws,  1966, ch. 257, § 4; Laws, 2003, ch. 340, § 2, eff from and after passage (approved Mar. 7, 2003.)