Chapter 169B: REGULATION OF MONEY TRANSMISSION
- Section 1 Definitions
- Section 2 Exemptions
- Section 3 Implementation; privilege and confidentiality; supervision; networked supervision; relationship to federal law
- Section 4 License required; consistent licensing between commonwealth and other states; application for license; information requirements for certain individuals; issuance of license; renewal of license; maintenance of license; reporting of business and operations
- Section 5 Acquisition of control of licensee; notice and information requirements for change of key individuals
- Section 6 Report of condition; audited financial statements; authorized delegate reporting; reports of certain events; bank secrecy act reports; maintenance of records
- Section 7 Authorized delegates; unauthorized activities
- Section 8 Timely transmission; refunds; receipts
- Section 9 Maintenance of minimum tangible net worth; surety bond; maintenance of permissible investments; types of permissible investments
- Section 10 Suspension or revocation of license; suspension or revocation of authorized delegates; cease and desist orders; civil penalties; civil actions
- Section 11 Uniformity in implementation and interpretation