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Kansas · Through 2025 legislative session

K.S.A. 9-580: Liability when conducting money transmission on behalf of an unlicensed person.

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Where this section sits in the code
  1. Chapter 9.—BANKS AND BANKING; TRUST COMPANIES
  2. Article 5.—MISCELLANEOUS PROVISIONS

(a) No person shall engage in the business of money transmission on behalf of a person who is not licensed or exempt from licensing under this act. If a person engages in such activity, such person shall be deemed to have provided money transmission to the same extent that such person were a licensee and shall be jointly and severally liable with the unlicensed or nonexempt person.

(b) This section shall take effect on and after January 1, 2025.

Collected 2026-09-04T15:10:03Z. Source file · JSON

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