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Cal. Fin. Code § 2030

Licenses

Known as the Money Transmission Act

The act spans §§ 2000–2176 (63 sections).

Amended by Stats. 2012, Ch. 356, Sec. 6

(a) A person shall not engage in the business of money transmission in this state, or advertise, solicit, or hold itself out as providing money transmission in this state, unless the person is licensed or exempt from licensure under this division or is an agent of a person licensed or exempt from licensure under this division.

(b) A license under this division is not transferable or assignable.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.