In applying and construing the Uniform Money Services Act, consideration shall be given to the need to promote uniformity of the law with respect to its subject matter among states that enact it. History: Laws 2016, ch. 88, § 1001. ANNOTATIONS Effective dates. — Laws 2016, ch. 88, § 1007 makes Laws 2016, ch. 88 […]
The director may promulgate rules to administer and enforce the Uniform Money Services Act, including rules necessary or appropriate to: A. implement and clarify the Uniform Money Services Act; B. preserve and protect the safety and soundness of money services businesses; C. protect the interests of purchasers of money services and of the public; D. […]
A. A licensee, an authorized delegate or a person who knowingly engages in activities that are regulated by the Uniform Money Services Act and require a license, with or without filing an application or holding a license, is deemed to have: (1) consented to the jurisdiction of the courts of this state over the licensee, […]
A. The “money services regulatory fund” is created as a nonreverting fund in the state treasury and shall be administered by the financial institutions division of the regulation and licensing department. The fund shall consist of application, licensing, renewal, investigation and any other fees received that are associated with the costs of administering the Uniform […]
