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.
[Source: Added at 24 Ok Reg 843, eff 5-11-07]