CHAPTER 489D

MONEY TRANSMITTERS MODERNIZATION ACT

Section

     489D-1 Short title

     489D-2 Purpose

     489D-3 License required

     489D-4 Definitions

     489D-5 Exclusions

     489D-6 License qualifications; tangible net worth;

            good standing

   489D-6.2 Registration with NMLS

     489D-7 Bond or other security device

     489D-8 Permissible investments and statutory trust

     489D-9 License and registration; application

   489D-9.5 Limited exemption for financial institutions;

            financial institutions as authorized delegates

    489D-10 Application and license fees

    489D-11 Issuance of license; grounds for denial

    489D-12 Renewal of license and annual report

  489D-12.5 Penalties and other charges

    489D-13 Licensee liability

    489D-14 Extraordinary reporting requirements

  489D-14.5 Name change

    489D-15 Changes in control of a licensee

    489D-16 Money laundering reports

    489D-17 Examinations and investigations

    489D-18 Maintenance of records

    489D-19 Confidentiality of records

    489D-20 Money transmitter receipts and refunds

    489D-21 Authorized delegate contracts

    489D-22 Authorized delegate; conduct

  489D-22.5 Voluntary surrender of license

    489D-23 Prohibited practices

    489D-24 Suspension or revocation of licenses

    489D-25 Suspension or revocation of authorized delegates

    489D-26 Orders to cease and desist

    489D-27 Consent orders

    489D-28 Civil penalties

    489D-29 Criminal penalties

    489D-30 Unlicensed persons

    489D-31 Administrative procedures

    489D-32 Hearings

    489D-33 Division functions

    489D-34 Powers of the commissioner

Note

  Chapter heading amended by L 2021, c 108, §2.

Cross References

  Money laundering, see chapter 708A.