Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 671.040 - Prohibition against engaging in business of money transmission without being licensed or authorized delegate and regardless of location or method used1. A person shall not engage in the business of money transmission or advertise, solicit or hold himself, herself or itself out as providing money transmission unless the person: (a) Has been issued a license pursuant to this chapter; or(b) Is an authorized delegate of a licensee that is acting within the scope of authority conferred by a written contract with the licensee.2. A person must have a license or be an authorized delegate described in paragraph (b) of subsection 1 regardless of the location or method that the person uses to engage in the business of money transmission, including, without limitation, at a kiosk, through the Internet, through any telephone, facsimile machine or other telecommunication device or through any other machine, network, system, device or means.Added to NRS by 1977, 1083; A 2023, 118Amended by 2023, Ch. 23,§67, eff. 7/1/2023.Added to NRS by 1977, 1083