Sec. 705. A licensee and an authorized delegate shall file all reports required by federal currency reporting, record keeping, and suspicious activity reporting requirements as set forth in the Bank Secrecy Act and other federal and state laws pertaining to money laundering. The timely filing of a complete and accurate report required under this section with the appropriate federal agency satisfies the requirements of this section.
Ind. Code § 28-8-4.1-705
Duty to comply with federal and state reporting requirements pertaining to money laundering
Known as the Money Transmission Modernization Act
The act spans §§ 28-8-4.1-1001 to 28-8-4.1-903 (53 sections).
As added by P.L.198-2023, SEC.4.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.