It is the intent of the General Assembly that the provisions of this chapter accomplish the following:
(1) ensure the State can coordinate with other states in all areas of regulation, licensing, and supervision to eliminate unnecessary regulatory burden and more effectively use regulator resources;(2) protect the public from financial crime;(3) standardize the types of activities that are subject to licensing or otherwise exempt from licensing; and(4) modernize safety and soundness requirements to ensure customer funds are protected in an environment that supports innovative and competitive business practices.Added by 2024, No. 110,§ 39, eff. 7/1/2024.Prior version repealed by 2024, No. 110,§ 38, eff. 7/1/2024.