Maine Statutes
§ 32 §6093 — Maintenance of license
License maintenance is governed by this section.
1.Suspension and revocation.
If a licensee does not continue to meet the qualifications or satisfy the requirements that apply to an applicant for a new money transmission license, the administrator may suspend or revoke the licensee's license in accordance with the procedures established by this Act or other applicable state law.
2.Requirements.
A money transmission licensee must at all times meet the requirements in sections 6100‑R, 6100‑S and 6100‑T.
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Legislative History
PL 2023, c. 662, §2 (NEW).
Nearby Sections
15
§ 32 §60
Standardized terms§ 32 §60-A
Consumer complaints of board procedure§ 32 §60-B
Compensation§ 32 §60-C
Disposition of fees§ 32 §60-D
Contracts§ 32 §60-E
Budget§ 32 §60-F
Employees§ 32 §60-I
Citations and fines§ 32 §60-J
Evaluation criteria§ 32 §60-K
Commissioner's independent assessment§ 32 §60-N
Report§ 32 §6001
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