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Current as of January 01, 2025 | Updated by Findlaw Staff
A person may not provide money transmissions on behalf of a person not licensed or not exempt from licensure under this division. A person that engages in that activity provides money transmissions services to the same extent as if the person was a licensee, and shall be jointly and severally liable with the unlicensed or nonexempt person.
Cite this article: FindLaw.com - California Code, Financial Code - FIN § 2062 - last updated January 01, 2025 | https://codes.findlaw.com/ca/financial-code/fin-sect-2062/
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