559.951 Internet sales; prohibited practices.— (1) As used in this section, the term: (a) “Initial merchant” means a person who obtains a consumer’s billing information directly from the consumer through an Internet transaction initiated by the consumer. (b) “Posttransaction third-party seller” means a person who: 1. Sells or offers for sale any good or service over the Internet; and 2. Solicits […]
559.952 Financial Technology Sandbox.— (1) SHORT TITLE.—This section may be cited as the “Financial Technology Sandbox.” (2) CREATION OF THE FINANCIAL TECHNOLOGY SANDBOX.—There is created the Financial Technology Sandbox within the Office of Financial Regulation to allow financial technology innovators to test new products and services in a supervised, flexible regulatory sandbox using exceptions to specified general law […]
559.955 Home-based businesses; local government restrictions.— (1) Local governments may not enact or enforce any ordinance, regulation, or policy or take any action to license or otherwise regulate a home-based business in violation of this section. (2) A home-based business that operates from a residential property as provided in subsection (3): (a) May operate in an area zoned for […]
