Regulation .12 Licensees Providing Money Transmission Services.
Regulation .12 Licensees Providing Money Transmission Services.LinkCopy Citation
A.
Definitions.
(1)
In this regulation, the following terms have the meanings indicated.
(2)
Terms Defined.
(a)
“Licensee” has the meaning stated in Financial Institutions Article, §12-401, Annotated Code of Maryland.
(b)
“Self-service financial kiosk” has the meaning stated in Financial Institutions Article, §12-401, Annotated Code of Maryland .
B.
Any licensee listing a self-service financial kiosk as a licensed location shall provide information identifying the geographic area the self-service financial kiosk will serve.
C.
The Commissioner shall deem a licensee compliant with §B of this regulation if the person makes a reasonable and good faith effort to identify the Maryland counties or cities the self-service financial kiosk will serve.