Section 58-32-501 – Relationship between licensee and authorized delegate.

A. As used in this section, “remit” means: (1) to make direct payments of money to a licensee or its representative authorized to receive money; or (2) to deposit money in a bank in an account specified by the licensee. B. A contract between a licensee and an authorized delegate shall require the authorized delegate […]

Section 58-32-502 – Unauthorized activity.

A person shall only act as a delegate for a licensee. A person that provides money services on behalf of a person not licensed pursuant to the Uniform Money Services Act is considered to act in its own capacity and may be subject to civil and criminal penalties for providing money services without a license. […]