Agent information - rules.

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(1) A money transmitter licensed pursuant to part 1 of this article 110 shall annually send the following information to the banking board on such form as it may prescribe:

  1. The name of each agent and the address and telephone number of each of the agent'soffices that engage in the business of money transmission;

  2. The name, address, and telephone number of each of the owners of the agent holdingmore than a ten percent interest in the business if the agent is a partnership or an entity created pursuant to title 7;

  3. The services concerning money transmission that are offered by the agent and thelocations where the services are offered;

  4. Such other pertinent information that the banking board may require concerning theagent or its directors, trustees, officers, members, branches, subsidiaries, affiliates, or agents as promulgated by rule.

(2) The banking board may promulgate rules necessary to implement this section.

Source: L. 2017: Entire article added with relocations, (SB 17-226), ch. 159, p. 587, § 2, effective August 9.

Editor's note: This section is similar to former § 12-52-201 as it existed prior to 2017.


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