NRS 671.040: Prohibition against engaging in business of money transmission without being licensed or authorized delegate and regardless of location or method used.
Where this section sits in the code
- TITLE 55 — BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL INSTITUTIONS
- CHAPTER 671 - MONEY TRANSMISSION
- LICENSING
1. A person shall not engage in the business of money transmission or advertise, solicit or hold himself, herself or itself out as providing money transmission unless the person:
(a) Has been issued a license pursuant to this chapter; or
(b) Is an authorized delegate of a licensee that is acting within the scope of authority conferred by a written contract with the licensee.
2. A person must have a license or be an authorized delegate described in paragraph (b) of subsection 1 regardless of the location or method that the person uses to engage in the business of money transmission, including, without limitation, at a kiosk, through the Internet, through any telephone, facsimile machine or other telecommunication device or through any other machine, network, system, device or means.
Collected 2026-09-03T05:51:45Z. Source file · JSON