Legislative Session number- 88

Bill Name: SF0247

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)