CHAPTER 7. Examinations, Special Reports, and Records

Chapter 7 added by Stats. 2011, Ch. 243, Sec. 4.

§§ 2120–2127 · 7 sections

• § 2120 (a) The commissioner may at any time and from time to time examine the business and any office, within or outside this state, of any licensee or any agent of a…
• § 2121 The commissioner may consult and cooperate with other state or federal money transmission regulators in enforcing and administering this division. They may…
• § 2122 A licensee shall file a report with the commissioner within five business days after the licensee has reason to know of the occurrence any of the following…
• § 2123 A licensee that is a money services business under the regulations adopted pursuant to the United States Bank Secrecy Act (31 C.F.R. Chapter X) and the agents…
• § 2124 (a) A licensee shall maintain the following records for determining its compliance with this division for at least three years: (1) A record of each payment…
• § 2125 A licensee adding or replacing a key individual shall do all of the following: (a) Provide notice to the commissioner within 15 days after the effective date…
• § 2127 Before January 1, 2025, a person licensed under this division to engage in the business of money transmission shall not be subject to a provision of the act…