Section 399-G:22 – Prosecution of Violations.
399-G:22 Prosecution of Violations. – I. Any person who willfully violates any provisions of RSA 399-G:14, or a cease and desist order or injunction issued pursuant to RSA 399-G:21 shall be guilty of a class B felony. Each of the acts specified shall constitute a separate offense and a prosecution or conviction for any […]
Section 399-G:23 – Penalty.
399-G:23 Penalty. – I. Any person who violates any provision of this chapter shall be guilty of a misdemeanor for each violation if a natural person, or guilty of a felony for each violation if any other person. II. Any person who knowingly violates any provision of this chapter, or any rule adopted under […]
Section 399-G:24 – Administration by Commissioner; Rulemaking.
399-G:24 Administration by Commissioner; Rulemaking. – I. The commissioner shall administer and enforce the provisions of this chapter. II. Pursuant to RSA 541-A, the commissioner may adopt such rules as he or she deems necessary to the administration and enforcement of this chapter. Such rules shall be consistent with the provisions of this chapter, […]
Section 399-G:25 – Repealed by 2016, 205:2, eff. Nov. 1, 2020.
399-G:25 Repealed by 2016, 205:2, eff. Nov. 1, 2020. –
Section 399-G:16 – Net Worth Requirements.
399-G:16 Net Worth Requirements. – An applicant or licensee shall at all times maintain a net worth of the lesser of its average daily outstanding money transmissions for the prior calendar year or $1,000,000. Each licensee shall file a statement of net worth pursuant to RSA 399-G:10, II(e). Source. 2015, 258:1, eff. Jan. 1, […]
Section 399-G:17 – Money Laundering Reports and Federal Law Compliance.
399-G:17 Money Laundering Reports and Federal Law Compliance. – I. Licensees shall create, implement, and file with the commissioner written plans for compliance with federal laws, including but not limited to the Bank Secrecy Act of 1970 as amended, and regulations, 31 U.S.C. section 5313, 31 C.F.R. part 1010, and other federal and state […]
Section 399-G:18 – Advertising.
399-G:18 Advertising. – No person shall advertise, print, display, publish, distribute, or broadcast, or permit to be advertised, printed, displayed, published, distributed, or broadcast in any manner, any statement or representation with regard to the rates, terms, or conditions for money transmission under the provisions of this chapter which is false, misleading, or deceptive. […]
Section 399-G:19 – Transmission and Refunds.
399-G:19 Transmission and Refunds. – I. Money transmitters shall be liable to customers for the amount of the money or monetary value as well as any fees paid by the customer and received by the money transmitter, authorized delegate, or person acting on his or her behalf, if the monetary value fails to reach […]
Section 399-G:20 – License Revocation; Suspension; Penalties.
399-G:20 License Revocation; Suspension; Penalties. – I. The commissioner may issue an order requiring a person to whom any license has been granted or any person under the commissioner’s jurisdiction to show cause why the license should not be revoked, or suspended, or penalties imposed, or both, for violations of this chapter. II. (a) […]
Section 399-G:21 – Cease and Desist.
399-G:21 Cease and Desist. – I. The department may issue a cease and desist order against any person who it has reasonable cause to believe is in violation of the provisions of this chapter or any rule or order under this chapter. II. (a) Delivery of such order shall be by hand or certified […]