Cal. Fin. Code § 2062
Current through the 2023 Legislative Session.
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.
Ca. Fin. Code § 2062