AB 1333

Bill Subjects

Abstract

Existing law, the Check Sellers, Bill Payers and Proraters Law, defines and regulates the activities of check sellers, bill payers, and proraters. Existing law defines a check seller as, among other things, a person who, for compensation, engages in the business of selling checks, drafts, money orders, or other commercial paper or for receiving money as agent of an obligor for the purpose of paying bills, invoices, or accounts of an obligor. This bill would make nonsubstantive changes in the title of the Check Sellers, Bill Payers and Proraters Law.