It is the intent of the legislature to establish within the State a licensure system to ensure the safe and sound operation of money transmission businesses, to ensure that these businesses are not used for criminal purposes, to promote confidence in the State's financial system, and to protect the public interest.
Haw. Rev. Stat. § 489D-2
Purpose
Known as the Money Transmitters Modernization Act
The act spans §§ 489–489 (39 sections).
L 2006, c 153, pt of §1
Official source: Hawaii State Legislature. Reproduced from public-domain Hawaii statutes; confirm against the official source for the current text. Not legal advice.