US Laws, Codes, Statutes & Cases

                                  TITLE  26
                              BANKS AND BANKING
                                  CHAPTER 29
                              MONEY TRANSMISSION
    26-2904.  EXEMPTIONS. (1) This chapter shall not apply to:
    (a)  The United States or any department, agency or instrumentality of the
    United States;
    (b)  The United States post office;
    (c)  The state or any political subdivision of the state; and
    (d)  Banks, credit unions, savings and loan associations, savings banks or
    mutual banks organized under the laws of any state or the United States,
    provided that they do not issue or sell payment instruments through
    authorized delegates who are not banks, credit unions, savings and loan
    associations, savings banks or mutual banks; and
    (2)  Authorized representatives of a licensee, acting within the scope of
authority conferred by a written contract conforming to the requirements of
section 26-2918, Idaho Code, shall not be required to obtain a license
pursuant to this chapter.