GroundRules
205 ILCS 658/8-2: Unauthorized activities.
Where this section sits in the code
- CHAPTER 205 FINANCIAL REGULATION
- Uniform Money Transmission Modernization Act.
A person shall not engage in the business of money transmission on behalf of a person not licensed under this Act or not exempt pursuant to Article III of this Act. A person that engages in such activity provides money transmission to the same extent as if the person were a licensee, and shall be jointly and severally liable with the unlicensed or nonexempt person.
Collected 2026-09-15T04:46:29Z. Source file · JSON