Current through L. 2024, ch. 259
Section 6-1207 - Licensure; prohibition; applicabilityA. A person may not engage in the business of money transmission or advertise, solicit or hold itself out as providing money transmission unless the person is licensed under this article.B. Subsection A of this section does not apply to either of the following: 1. A person that is an authorized delegate of a person licensed under this article that is acting within the scope of authority conferred by a written contract with the licensee.2. A person that is exempt pursuant to section 6-1202 and does not engage in money transmission outside the scope of the exemption.C. A license issued under section 6-1211 is not transferable or assignable.Added by L. 2022, ch. 236,s. 4, eff. 9/23/2022.