KRS 286.11-061: Powers and duties of department and commissioner relating to the

regulation, supervision, and licensing of money transmitters.

(1) The department shall exercise all administrative functions of the state in relation to

the regulation, supervision, and licensing of money transmitters.

(2) The commissioner may promulgate, amend, and repeal any administrative

regulations, forms, and orders as are necessary to interpret and enforce the

provisions of this subtitle.

(3) The commissioner may request any add itional information as the commissioner

deems necessary to interpret and carry out any of the provisions of this subtitle from

any applicant, licensee, agent, responsible individual, controlling person, executive

officer, or key shareholder.