Comments: NY S02109 | 2019-2020 | General Assembly

Bill Title: 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.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2019-10-03 - SIGNED CHAP.324 [S02109 Detail]

Text: Latest bill text (Amended) [HTML]

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