Bill Title: As enacted, changes licensing requirements for money transmitters, requires money transmitters to obtain a license under new requirements for 2014, and authorizes the commissioner of financial institutions to require money transmitters to be licensed through a multi-state automated licensing system. - Amends TCA Title 45, Chapter 7.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Passed) 2013-04-17 - Comp. became Pub. Ch. 103 [SB0168 Detail]

Text: Latest bill text (Draft #1) [PDF]

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