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Can you summarize MORS 361.720?
Division of Finance and Powers of Director of Finance > Licensee may conduct business through unlicensed agents and employees.
Short Summary
Each licensee may conduct business at one or more locations within this state and by means of employees, agents, subagents or representatives as such licensee may designate.No license under sections 361.700 to 361.727 shall be required of any such employee, agent, subagent or representative who sells checks in behalf of a licensee.Each such agent, subagent or representative shall upon demand transfer and deliver to the licensee the proceeds of the sale of licensee’s checks less the fees, if any, due such agent, subagent or representative. ——– (L. 1984 H.B. 1374 10)
Jurisdiction
Missouri