BILL NO A03425
SAME AS No same as
SPONSOR Titus (MS)
COSPNSR Gottfried, Cook, Boyland, Rivera, Nolan
MLTSPNSR Colton, Farrell, Heastie, Hooper, Jacobs, Lopez V
Add S651-c, Bank L
Enacts the New York state money transmission disclosure act; requires each
licensee providing a transmission transaction which involves currency of one
country into the currency of another country to provide the customer with a
written disclosure; authorizes the superintendent of banks to implement any
necessary rules and regulations.
