Skip to main content
Find a Lawyer

North Dakota Century Code Title 13. Debtor and Creditor Relationship § 13-09.1-50. Virtual-currency kiosks

Current as of January 01, 2024 | Updated by Findlaw Staff

1. A kiosk operator may not engage in virtual-currency business activity or hold itself out as being able to engage in virtual-currency business activity with or on behalf of another person unless the kiosk operator is licensed in this state as a money transmitter.

2. A virtual-currency kiosk operator shall comply with all requirements of a money transmitter under this chapter.

3. A virtual-currency kiosk operator may not locate, or allow a third party to locate, a virtual-currency kiosk in this state unless the virtual-currency kiosk:

a. Is placed in a commercially accessible area;

b. Is accessible to users with sufficient space to account for mobility limitations of users; and

c. Is subject to security features, including sufficient lighting and surveillance.

4. Each virtual-currency kiosk operator shall submit a quarterly report of the location of each virtual-currency kiosk located within the state to the commissioner within forty-five days of the end of the calendar quarter. The location report must include:

a. The company's legal name;

b. Any fictitious or trade name;

c. The physical address;

d. The start date of operation of the virtual-currency kiosk at the location;

e. The end date of operation of the virtual-currency kiosk at the location, if applicable; and

f. The virtual-currency addresses associated with the virtual-currency kiosk.

Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - North Dakota Century Code Title 13. Debtor and Creditor Relationship § 13-09.1-50. Virtual-currency kiosks - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-13-debtor-and-creditor-relationship/nd-cent-code-sect-13-09-1-50/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard