Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 85. State Banking Department |
Chapter 15. Money Service Businesses |
Subchapter 3. Money Transmission Licenses |
SECTION 85:15-3-1. License required
Latest version.
- (a) A person may 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 under the Act; or(2) is an authorized delegate of a person licensed under the Act.(b) A license under the Act is not transferable or assignable.