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§ 28-8-4-1-802 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 28 - Financial Institutions/
  5. Article 8 - Financial Services/
  6. Chapter 4.1 - Money Transmission Modernization Act28-8-4.1-101. Citation As Money Transmission Modernization Act/
  7. § 28-8-4-1-802
Indiana Legal Code

§ 28-8-4-1-802

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(b) A person that engages in the business of money transmission on behalf of a person described in subsection (a)(1) or (a)(2):(1) provides money transmission to the same extent as if the person were a licensee; and(2) is jointly and severally liable with the unlicensed or nonexempt person.As added by P.L.198-2023, SEC.4.