California · Financial Code
FIN §2062: A person may not provide money transmissions on behalf of a person not licensed or not exempt from licensure under this division.
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A person may not provide money transmissions on behalf of a person not licensed or not exempt from licensure under this division. A person that engages in that activity provides money transmissions services to the same extent as if the person was a licensee, and shall be jointly and severally liable with the unlicensed or nonexempt person.
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