533C.201 License required.
1. A person shall not engage in the business of money transmission or advertise, solicit, or hold itself out as providing money transmission unless the person:
a. Is licensed under this article; or
b. Is an authorized delegate of a person licensed under this article.
2. A license under this article is not transferable or assignable.
2003 Acts, ch 96, §4, 42; 2004 Acts, ch 1101, §77
Referred to in §533C.707
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