[§489D-2] Purpose.
60 words·~1 min read·
/hi/489d-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
[§489D-2] Purpose. 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. [L 2006, c 153, pt of §1]