A person may not provide monetary transmission services on behalf of a person required to be licensed who is not licensed under this chapter. The commission, by rule or order, may further define unauthorized activities.
Ala. Code § 8-7A-16
Unauthorized Activities.
Known as the Alabama Monetary Transmission Act
The act spans §§ 8–8 (27 sections).
(Act 2017-389, §2.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.