Ala. Code § 8-7A-11: Relationship Between Licensee and Authorized Delegate.
Where this section sits in the code
- Title 8 Commercial Law and Consumer Protection.
- Chapter 7A Alabama Monetary Transmission Act.
(a) A contract between a licensee and an authorized delegate shall require the authorized delegate to operate in full compliance with this chapter.
(b) The licensee shall establish, furnish, and enforce policies and procedures sufficient to ensure that its authorized delegates comply with this chapter.
(c) An authorized delegate may not use a subdelegate to conduct money transmission on behalf of a licensee.
Collected 2026-09-03T14:01:53Z. Source file · JSON