LAC 42:III.4009 – Internal Controls; Designated Check Cashing Representative Cage and Credit

A. Each check cashing cage shall comply with the following minimum requirements.
1. 1. All transactions that flow through the check cashing cage shall be summarized on a cage accountability form on a per shift basis.
2. 2. Personal checks or cashier checks shall be cashed at the cage cashier or at the check cashing cage by the designated check cashing representative and subjected to the following procedures:
  1. a. examine and record at least one item of patron identification;
  2. b. record a bank number and Social Security number on all check transactions.
3. 3. The cashier or designated check cashing representative shall comply with examination and documentation procedures as required by the issuer.
B. The requirements of this Section shall be included in the designated check cashing representative’s internal controls.

AUTHORITY NOTE: Promulgated in accordance with R.S. 27:15 and 24.

HISTORICAL NOTE: Promulgated by the Department of Public Safety and Corrections, Gaming Control Board, LR 38:1669 (July 2012).