361.978. Unauthorized activities.
75 words·~1 min read·
/mo/chapter-361/361-978A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
361.978. Unauthorized activities. — A person shall not engage in the business of money transmission on behalf of a person not licensed under sections 361.900 to 361.1035 or not exempt under sections 361.909 and 361.912 . A person that engages in such activity provides money transmission to the same extent as if the person were a licensee and shall be jointly and severally liable with the unlicensed or nonexempt person.
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(L. 2024 S.B. 1359)