1999 Minnesota Statutes

     53A.09 Powers; limitations; prohibitions. 

    Subdivision 1.    Deposits; escrow accounts.  A currency 
 exchange may not accept money or currency for deposit, or act as 
 bailee or agent for persons, firms, partnerships, associations, 
 or corporations to hold money or currency in escrow for others 
 for any purpose.  However, a currency exchange may act as agent 
 for the issuer of money orders or travelers' checks. 

    Subd. 2.    Gambling establishments.  A currency 
 exchange located on the premises of a gambling establishment as 
 defined in section 256.9831, subdivision 1, may not cash a 
 warrant that bears a restrictive endorsement under section 
 256.9831, subdivision 3. 

    HIST: 1989 c 247 s 9; 1996 c 465 art 3 s 1