California Statutes
§ 2062. — 2062. (Amended by Stats. 2012, Ch. 356, Sec. 17.)
California·Code FIN Financial Code - FIN·Div. 1.2. DIVISION 1.2. MONEY TRANSMISSION ACT·Ch. 4. CHAPTER 4. Agents
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.
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California § 2062. (2062. (Amended by Stats. 2012, Ch. 356, Sec. 17.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2012, Ch. 356, Sec. 17. (SB 979) Effective January 1, 2013.