§ 2062
57 words·~1 min read·
/ca/financial-code/2062A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A person may not provide money transmissions on behalf of a person not licensed or not exempt from licensure under this division. A person that engages in that activity provides money transmissions services to the same extent as if the person was a licensee, and shall be jointly and severally liable with the unlicensed or nonexempt person.