MONEY TRANSMITTERS

Applications for licenses

Corporate applicants, good standing requirement, Minn. Statutes 2023 53B.38

Fees, Minn. Statutes 2023 46.131, 53B.38

Requirements, generally, Minn. Statutes 2023 53B.38

Surety bonds, Minn. Statutes 2023 53B.60

Audits and examinations

Assessments, Minn. Statutes 2023 46.131

Commerce Department, powers, Minn. Statutes 2023 53B.33, 53B.34

Noncompliance, license suspension or revocation, Minn. Statutes 2023 53B.63

Authorized delegates

Conduct, Minn. Statutes 2023 53B.64

Contracts, Minn. Statutes 2023 53B.51, 53B.68

Fees, Minn. Statutes 2023 46.131

License applications, Minn. Statutes 2023 53B.38

Prohibited authorized delegates, Minn. Statutes 2023 53B.53

Reporting, Minn. Statutes 2023 53B.47

Suspension or revocation of designation, Minn. Statutes 2023 53B.64

Bankruptcy

Extraordinary reporting requirements, Minn. Statutes 2023 53B.48

License suspension or revocation, Minn. Statutes 2023 53B.48

Commerce Department, duties, Minn. Statutes 2023 53B.37, 53B.65

Contested cases, license denial hearings, Minn. Statutes 2023 53B.40

Contracts and agreements, authorized delegates, Minn. Statutes 2023 53B.51

Control

Changes in, Minn. Statutes 2023 53B.39, 53B.43, 53B.44

Definitions, Minn. Statutes 2023 53B.28

Information requirements, individuals with or seeking control, Minn. Statutes 2023 53B.39, 53B.44

Data, confidentiality, Minn. Statutes 2023 53B.32

Debts, inability to pay, licenses, effect on, Minn. Statutes 2023 53B.63

Definitions, Minn. Statutes 2023 53B.28, 53B.69

Deposits in lieu of security devices, license applications, Minn. Statutes 2023 53B.60

Evidences of indebtedness, issuance, Minn. Statutes 2023 48.151

Federal law, compliance, Minn. Statutes 2023 53B.35

Fees

License applications, Minn. Statutes 2023 46.131, 53B.38

License renewals, Minn. Statutes 2023 46.131, 53B.41

Felony indictments or convictions, extraordinary reporting requirements, Minn. Statutes 2023 53B.48

Financial statements

License applications, Minn. Statutes 2023 53B.59

Licensees, annual reports, Minn. Statutes 2023 53B.46

Records and record keeping, Minn. Statutes 2023 53B.50

Insolvency

License suspension or revocation, Minn. Statutes 2023 53B.63

Investigations

Commerce Department, powers, Minn. Statutes 2023 53B.33, 53B.34, 53B.65

License issuance, procedures, Minn. Statutes 2023 53B.40

Lawsuits, license applications, Minn. Statutes 2023 53B.38

Letters of credit, license applications, Minn. Statutes 2023 53B.60

Liability, licensees, Minn. Statutes 2023 53B.52

Licensees

Annual report, Minn. Statutes 2023 53B.41

Authorized delegates

Duties regarding, Minn. Statutes 2023 53B.51

Relationship to, Minn. Statutes 2023 53B.51

Reporting, Minn. Statutes 2023 53B.47

Changes in control, Minn. Statutes 2023 53B.39, 53B.43, 53B.44

Condition report, Minn. Statutes 2023 53B.45

Event reporting, Minn. Statutes 2023 53B.48

Liability for money transmissions, Minn. Statutes 2023 53B.52

Permissible investments, Minn. Statutes 2023 53B.45, 53B.61, 53B.62

Transition period, Minn. Statutes 2023 53B.68

Licenses

Applications for licenses, see same under this topic

Consistent state licensing, Minn. Statutes 2023 53B.37

Denial hearings, Minn. Statutes 2023 53B.40

Exemptions, Minn. Statutes 2023 53B.29, 53B.30

Issuance, procedures, Minn. Statutes 2023 53B.40

Notices, Minn. Statutes 2023 53B.57

Renewal fees, Minn. Statutes 2023 46.131, 53B.41

Requirement, generally, Minn. Statutes 2023 53B.36

Suspension or revocation, Minn. Statutes 2023 53B.42, 53B.48, 53B.63

Money transmission, generally, Minn. Statutes 2023 53B.54

Net worth

Inadequacy, license suspension or revocation, Minn. Statutes 2023 53B.48

License qualifications, Minn. Statutes 2023 53B.59

Virtual currency, inclusion in net worth, Minn. Statutes 2023 53B.74

Payment instruments, samples, license applications, Minn. Statutes 2023 53B.38

Payroll processing services, disclosures, Minn. Statutes 2023 53B.58

Permissible investments

Aggregate market value, Minn. Statutes 2023 53B.61

Annual reports, Minn. Statutes 2023 53B.45

Generally, Minn. Statutes 2023 53B.62

Holding in trust, Minn. Statutes 2023 53B.61

Letters of credit, requirements, Minn. Statutes 2023 53B.62

Prohibited practices, Minn. Statutes 2023 53B.66

Receipts, Minn. Statutes 2023 53B.56

Records and record keeping, Minn. Statutes 2023 53B.50, 53B.74

Refunds, Minn. Statutes 2023 53B.55

Reorganization, extraordinary reporting requirements, Minn. Statutes 2023 53B.48

Reports given

Annual reports, Minn. Statutes 2023 53B.41, 53B.45, 53B.46, 53B.47

Bank Secrecy Act reports, Minn. Statutes 2023 53B.49

Extraordinary reporting requirements, Minn. Statutes 2023 53B.48

Severability of law, Minn. Statutes 2023 53B.67

Subpoenas, Commerce Department, powers, Minn. Statutes 2023 53B.65

Surety bonds, license applications, Minn. Statutes 2023 53B.60

Transition period, Minn. Statutes 2023 53B.68

Violations and penalties, Minn. Statutes 2023 53B.66

Virtual currency

Business activities, requirements, Minn. Statutes 2023 53B.71, 53B.74

Definitions, Minn. Statutes 2023 53B.69

Disclosures required, Minn. Statutes 2023 53B.72

Property interests and entitlements, Minn. Statutes 2023 53B.73

Records and record keeping, Minn. Statutes 2023 53B.74

Scope of law, Minn. Statutes 2023 53B.70

Waivers, license applications, Minn. Statutes 2023 53B.38