{"data":{"id":"us-mo/mo.-rev.-stat.-361.903","jurisdiction":"us-mo","citation":"Mo. Rev. Stat. § 361.903","heading":"Purpose.","body":"Sections 361.900 to 361.1035 are designed to replace existing state money transmission laws currently codified in law and to:\n(1) Ensure states may coordinate in all areas of regulation, licensing, and supervision to eliminate unnecessary regulatory burden and more effectively utilize regulator resources;\n(2) Protect the public from financial crime;\n(3) Standardize the types of activities that are subject to licensing or otherwise exempt from licensing; and\n(4) Modernize safety and soundness requirements to ensure customer funds are protected in an environment that supports innovative and competitive business practices.","path":["Title XXIV - BUSINESS AND FINANCIAL INSTITUTIONS","Chapter 361 - Division of Finance and Powers of Director of Finance"],"source_url":"https://revisor.mo.gov/main/OneSection.aspx?section=361.903","current_through":"2026 legislative session (floor)","vintage":"","retrieved_at":"2026-09-03T22:23:27Z","sha256":"cdbd4a1dc301c0668a5b9a704b7ed4f17f2799c174d41d4d801bc82f02770b03","source_id":"us-mo","stale":false,"prev":"us-mo/mo.-rev.-stat.-361.900","next":"us-mo/mo.-rev.-stat.-361.906"},"notice":"GroundRules: Original legal text. Not legal advice."}