Section 12310 Of Chapter 4. Licensee Regulations From California Financial Code >> Division 3. >> Chapter 4.
12310
. A licensee under this division shall not sell checks payable
to bearer, to cash, or to the purchaser, but a licensee may sell a
check in which the name of the payee is not designated in any way if
the check does not exceed one hundred fifty dollars ($150) in amount.