533C.502 Unauthorized activities. A person shall not engage in the business of money transmission on behalf of a person not licensed under this chapter. A person who engages in such activity provides moneytransmission to the same extent as if the person were a licensee, and shall be jointly andseverally liable with the unlicensed or nonexempt person. 2003 Acts, ch 96, §17, 42; 2023 Acts, ch 83, §20Section stricken and rewritten Sat Dec 23 01:36:54 2023 Iowa Code 2024, Section 533C.502 (17, 1)
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