§ 7-1-686 — Display of license; license nontransferable and nonassignable; notification of additional locations

Georgia § 7-1-686

• Jurisdiction: Georgia
• Title: 7

Text

(a) A license issued pursuant to this article shall be kept in the place of business of the licensee, and a copy of such license shall be displayed prominently in every physical location in this state where money transmission is conducted. If the licensee has no physical location in this state, then the licensee's unique identifier shall be clearly posted and accessible through whichever medium the licensee engages in money transmission in this state. (b) Such license shall not be transferable or assignable. (c) No licensee shall engage in money transmissions under any name or names other than those authorized by the department in writing. (d) A licensee shall give written notice to the department of any new or additional locations, including, but not limited to, locations operated by an authorized agent, not reported in either its original or renewal application. The required notice shall be in such form and contain such information as required by the department.

Legislative History

Amended by 2023 Ga. Laws 348,§ 25, eff. 7/1/2023. Amended by 2015 Ga. Laws 64,§ 27, eff. 7/1/2015. Added by 2014 Ga. Laws 532,§ 1, eff. 7/1/2014.