GroundRules
5 Del. C. § 2326: Unauthorized activities [For application of this section, see 85 Del. Laws, c. 338, § 3].
Where this section sits in the code
- Title 5. Banking
- Other Businesses Under Jurisdiction of State Banking Department
- CHAPTER 23. Money Transmission and Virtual Currency [For application of this chapter, see 85 Del. Laws, c. 338, § 3]
- Subchapter V. Authorized Delegates [For application of this subchapter, see 85 Del. Laws, c. 338, § 3]
A person may not engage in the business of money transmission on behalf of a person not licensed under this chapter or not exempt pursuant to subchapter II of this chapter. A person that engages in such activity provides money transmission to the same extent as if the person were a licensee and is jointly and severally liable with the unlicensed or nonexempt person.
Collected 2026-09-05T23:02:05Z. Source file · JSON