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SF 247 Senate Long Description

2E Relating to commerce; expanding money transmitters fraud prevention measures; requiring the commissioner of commerce to create and maintain an electronic no transmit list; classifying data; requiring suspicious activity reporting; authorizing the commissioner to establish a maximum transaction amount for money transmissions to countries with high incidence of schemes to defraud; requiring notification of attempted receipt of money transfer at unexpected location; requiring verification of name and location of receipt of money transfer upon request
(je)