GroundRules
58-32-201: License required.
Where this section sits in the code
- Chapter 58 - Financial Institutions and Regulations
- ARTICLE 32 Uniform Money Services
A. A person shall not engage in the business of money transmission or advertise, solicit or hold itself out as providing money transmission unless the person:
(1) is licensed pursuant to Article 2 [58-32-201 to 58-32-206 NMSA 1978] of the Uniform Money Services Act; or
(2) is an authorized delegate of a person licensed pursuant to Article 2 of the Uniform Money Services Act.
B. A license pursuant to Article 2 of the Uniform Money Services Act is not transferable or assignable.
Collected 2026-09-03T15:02:20Z. Source file · JSON