§ 23-55-101. Short title

This chapter may be cited as the Uniform Money Services Act.

§ 23-55-102. Definitions

In this chapter: (1) “Applicant” means a person that files an application for a license under this chapter. (2) “Authorized delegate” means a person a licensee designates to provide money services on behalf of the licensee. (3) “Bank” means an institution organized under federal or state law which: (A) accepts demand deposits or deposits that […]

§ 23-55-103. Exclusions

This chapter does not apply to: (1) the United States or a department, agency, or instrumentality thereof; (2) money transmission by the United States Postal Service or by a contractor on behalf of the United States Postal Service; (3) a state, county, city, or any other governmental agency or governmental subdivision of a State; (4) […]

§ 23-55-104. Administration and rules

(a) The Securities Commissioner shall administer this chapter. (b) The commissioner may: (1) Make, amend, and rescind any rules, forms, and orders that the commissioner deems necessary or appropriate to carry out this chapter, including without limitation rules and forms governing applications and reports; and (2) Define any terms, whether or not used in this […]