Minnesota Statutes

§ 53B.52 — UNAUTHORIZED ACTIVITIES

Minnesota § 53B.52
JurisdictionMinnesota
PartBANKING
Ch. 53BMONEY TRANSMITTERS

This text of Minnesota § 53B.52 (UNAUTHORIZED ACTIVITIES) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Minn. Stat. § 53B.52 (2026).

Text

A person is prohibited from engaging in the business of money transmission on behalf of a person not licensed under this chapter or not exempt under sections53B.29and53B.30. A person that engages in the business of money transmission on behalf of a person that is not licensed under this chapter or not exempt under sections53B.29and53B.30provides money transmission to the same extent as if the person were a licensee, and is jointly and severally liable with the unlicensed or nonexempt person.

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Legislative History

2023 c 57 art 3 s 39

Nearby Sections

15
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Cite This Page — Counsel Stack

Bluebook (online)
Minnesota § 53B.52, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/53B/53B.52.