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S03930 Summary:
BILL NO | S03930 |
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SAME AS | SAME AS A06940 |
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SPONSOR | PERALTA |
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COSPNSR | PARKER |
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MLTSPNSR | |
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Amd S651-a, Bank L | |
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Requires agents of licensed money transmitters to remit moneys to the licensee within the time frame provided in the contract between the agent and the licensee; makes agents liable for treble damages for failure to remit moneys in a timely manner. |