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Can you summarize 26 DCMR C22?
BANKING AND FINANCIAL INSTITUTIONS > MONEY TRANSMITTERS
Short Summary
The provided legal document content pertains to the regulation of money transmitters in the District of Columbia. It covers various aspects related to money transmission, including the scope of the rules, requirement for business location in the District, waiver of license application requirements, substitution of security devices, examinations conducted by the Department of Insurance, Securities, and Banking, investigations, annual renewal report, change in control of a licensee, authorized delegate conduct, and maximum remittance time for authorized delegates. These rules apply to persons engaged in the transmission of money in the District of Columbia, specifically licensees conducting money transmission business. The documents do not mention any specific exemptions or penalties. The information is sourced from the Final Rulemaking published on December 5, 2003.
Whom does it apply to?
Licensees conducting money transmission business in the District of Columbia
What does it govern?
Persons engaged in the transmission of money in the District of Columbia
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No specific penalties are mentioned.
Jurisdiction
Washington, D.C.