Section 427. Preemption

Latest version.

1. The provisions of this article shall exclusively
  govern  all  coin processors notwithstanding the provisions of any other
  law to the contrary and further, no local law  shall  be  enacted  which
  shall  require  any  fee or license for the licensure or registration of
  coin processors.
    2. The provisions of this article shall not apply to any subsidiary of
  an entity organized and operating pursuant to the Bank  Holding  Company
  Act of 1956 (12 USCA 1841 et seq.).

                    
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