Exemptions

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§6104. Exemptions

1.  Exemptions.  This subchapter does not apply to:  

A. The United States or any department, agency, or instrumentality of the United States;   [PL 1997, c. 155, Pt. A, §2 (NEW).]

B. The United States Post Office;   [PL 1997, c. 155, Pt. A, §2 (NEW).]

C. The State or any political subdivisions of the State;   [PL 1997, c. 155, Pt. A, §2 (NEW).]

D. Supervised financial organizations as defined in Title 9‑A, section 1‑301, subsection 38-A as long as they do not engage in the business of issuing or selling payment instruments through authorized delegates who are not supervised financial organizations as defined in Title 9‑A, section 1‑301, subsection 38-A; and   [PL 2001, c. 371, §13 (AMD).]

E. The provision of electronic transfer of government benefits for any federal, state or county governmental agency as defined in Federal Reserve Board Regulation E, by a contractor for and on behalf of the United States or any department, agency or instrumentality of the United States, or any state or any political subdivisions of a state.   [PL 1997, c. 155, Pt. A, §2 (NEW).]

[PL 2001, c. 371, §13 (AMD).]

2.  Delegates of a licensee.  Authorized delegates of a licensee, acting within the scope of authority conferred by a written contract as described in section 6118, are not required to obtain a license pursuant to this subchapter.  

[PL 1997, c. 155, Pt. A, §2 (NEW).]

SECTION HISTORY

PL 1997, c. 155, §A2 (NEW). PL 2001, c. 371, §13 (AMD).


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