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51A-17 MONEY TRANSMISSION
CHAPTER 51A-17

MONEY TRANSMISSION

51A-17-1      Definition of terms.
51A-17-2      Permissible investments defined.
51A-17-3      Entities exempt from chapter.
51A-17-4      License to engage in business of money transmission required.
51A-17-5      Single license to conduct business at multiple locations--Authorized delegates.
51A-17-6      Minimum net worth required.
51A-17-7      Qualification to do business of corporate and noncorporate applicants and licensees.
51A-17-8      Security device or deposit required.
51A-17-9      Security after licensee ceases operations.
51A-17-10      Investments required--Waiver by director.
51A-17-11      Criminal background investigation required.
51A-17-12      Application for license--Form--Contents.
51A-17-13      Corporate applicants--Additional requirements.
51A-17-14      Noncorporate applicants--Additional requirements.
51A-17-15      Waiver of license application requirements.
51A-17-16      Application fee.
51A-17-17      Investigation of applicant by director.
51A-17-18      Denial of application--Request for hearing.
51A-17-19      Annual report and renewal fee.
51A-17-20      Time for filing renewal report and paying fee.
51A-17-21      Limit of licensee's liability.
51A-17-22      Written report of certain events required.
51A-17-23      Notice of proposed change of control--Investigation--Approval of change.
51A-17-24      Persons exempt from change of control requirements--Notice.
51A-17-25      Public offering of securities exempt from change of control requirements.
51A-17-26      Request for determination on change of control from director.
51A-17-27      On-site examinations--Acceptance of report by other examining agency--Waiver with self-examination.
51A-17-28      Request for financial data or on-site examination upon reasonable basis to believe licensee in noncompliance.
51A-17-29      Records required and open to inspection.
51A-17-30      Confidentiality of information--Exception.
51A-17-31      Authorized delegate--Written contract required--Contents.
51A-17-32      Standards of conduct of authorized delegate.
51A-17-33      Funds received by authorized delegate constitute trust funds.
51A-17-34      Report of theft or loss.
51A-17-35      Suspension or revocation of license.
51A-17-36      Suspension or revocation of authorized delegate designation.
51A-17-37      Cease and desist order.
51A-17-38      Administrative proceeding following cease and desist order.
51A-17-39      Consent order.
51A-17-40      Fine for violation of chapter or rule.
51A-17-41      Intentional misrepresentations or omissions in records--Engaging in activity without required license--Felony.
51A-17-42      Order to show cause--Temporary restraining order--Cease and desist order--Administrative proceeding--Judicial review.
51A-17-43      Jurisdiction of the courts.


51A-17-44      Repealed.
51A-17-45      Licenses not assignable.
51A-17-46      Funds to be deposited with state treasurer and credited to banking special revenue fund.
51A-17-47      Promulgation of rules.


Title 51A
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