2023 New York Laws › BNK - Banking › Article 9-A - Licensed Cashers of Checks › 370 - Restrictions as to Place or Area of Doing Business; Establishment of Stations; Change of Location.

§ 370.   Restrictions   as   to  place  or  area  of  doing  business;
  establishment of stations; change of location. 1. No more than one place
  of business or one mobile  unit  shall  be  maintained  under  the  same
  license;  provided, however, that more than one license may be issued to
  the same licensee upon compliance with the provisions  of  this  article
  for each new license.
2.  Any  licensed  casher of checks may open and maintain, within this
  state, one or more limited stations for the purpose of  cashing  checks,
  drafts  or  money orders for the particular group or groups specified in
  the license authorizing  each  such  station.  Such  stations  shall  be
  licensed  pursuant  to  and  be  subject  to  all the provisions of this
  chapter applicable to licensed cashers of checks, except that  (a)  such
  station  shall  not  be  subject to the distance limitation set forth in
  subdivision one of section three hundred sixty-nine of this article, (b)
  the fee for investigating the application for  a  station  shall  be  as
  prescribed pursuant to section eighteen-a of this chapter, and (c) where
  such  a  station  is  at  the  premises  of a specified employer for the
  purpose of cashing checks, drafts and money orders for the employees  of
  such  employer,  the fees and charges for cashing such checks, drafts or
  money orders shall not be subject to the limitations of subdivision  one
  of  section  three  hundred seventy-two of this article if such fees and
  charges are paid by such employer.
3. A licensee may make a written application to the superintendent for
  leave to change his or her place of business, or in the case of a mobile
  unit, the area in which such unit is authorized to be operated,  stating
  the  reasons  for such proposed change. Such application may be approved
  for relocation from a site within three-tenths  of  a  mile  of  another
  licensee  to  another  site  within three-tenths of a mile of such other
  licensee provided that such new  site  is  farther  from  such  existing
  licensee than the site from which permission to relocate is sought. Only
  in  situations in which a licensee seeks to change its place of business
  due  to  extraordinary  circumstances,  as  may  be  determined  by  the
  superintendent  pursuant  to regulations, may the superintendent, in his
  or her discretion, determine that an application  may  be  approved  for
  relocation from a site within three-tenths of a mile of another licensee
  to  a  new  site which is closer to such existing licensee than the site
  from which permission to relocate is sought. Notwithstanding  any  other
  provision of this subdivision, a licensee may relocate from any location
  to  a  location  that  is  within  three-tenths  of  a mile from another
  licensee with  the  written  consent  of  the  other  licensee.  If  the
  superintendent  approves  such  application  he or she shall issue a new
  license in duplicate in accordance with the provisions of section  three
  hundred  sixty-nine  of  this  article, stating the new location of such
  licensee or, in the case of a mobile unit, the new area  in  which  such
  mobile unit may be operated.