Indiana § 28-8-4.1-701 Quarterly report of conditions; contents

Indiana Statutes

§ 28-8-4.1-701 — Quarterly report of conditions; contents

Indiana § 28-8-4.1-701

Art. 8FINANCIAL SERVICES

Ch. 4.1Money Transmission Modernization Act

This text of Indiana § 28-8-4.1-701 (Quarterly report of conditions; contents) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 28-8-4.1-701 (2026).

Text

(a)A licensee shall submit a report of condition not later than forty-five (45) days after the end of each calendar quarter, or within any extended time as the director may prescribe.

(b)A report of condition under this section must include the following:

(1)Financial information at the licensee level.

(2)Nationwide and state specific money transmission transaction information in every jurisdiction in the United States in which the licensee is licensed to engage in money transmission.

(3)A permissible investments report.

(4)Transaction destination country reporting for money received for transmission, if applicable.

(5)Any other information the director reasonably requires with respect to the licensee. The director:

(A)may use the NMLS for the submission of the report required by t

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(a) A licensee shall submit a report of
condition not later than forty-five (45) days after the end of each
calendar quarter, or within any extended time as the director may
prescribe.
(b) A report of condition under this section must include the
following:
(1) Financial information at the licensee level.
(2) Nationwide and state specific money transmission transaction
information in every jurisdiction in the United States in which the
licensee is licensed to engage in money transmission.
(3) A permissible investments report.
(4) Transaction destination country reporting for money received
for transmission, if applicable.
(5) Any other information the director reasonably requires with
respect to the licensee. The director:
(A) may use the NMLS for the submission of the report
required by this section; and
(B) is authorized to change or update as necessary the
requirements of this section to carry out the purposes of this
chapter and maintain consistency with NMLS reporting.
(c) The information required by subsection (b)(4) must only be
included in a report of condition submitted not later than forty-five (45)
days after the end of the fourth calendar quarter.