Go to Other Versions of The Kansas Stat.
  1. 2025 Kansas Stat. (here)
  2. 2024 Kansas Stat.
  3. 2023 Kansas Stat.
  4. View All Versions

2025 Kansas Statutes
Chapter 9 - Banks And Banking; Trust Companies
Article 5 - Miscellaneous Provisions
9-562 License required to provide money transmission, exceptions.

Universal Citation:
KS Stat § 9-562 (2025)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
Previous Next

9-562. License required to provide money transmission, exceptions.
(a) A person may not engage in the business of money transmission or advertise, solicit or hold itself out as providing money transmission unless the person is licensed under this act.

(b) Subsection (a) shall not apply to a person that is:

(1) An authorized delegate of a person licensed under this act acting within the scope of authority conferred by a written contract with the licensee; or

(2) exempt pursuant to K.S.A. 2025 Supp. 9-556, and amendments thereto, and does not engage in money transmission outside the scope of such exemption.

(c) A license issued pursuant to K.S.A. 2025 Supp. 9-567, and amendments thereto, shall not be transferable or assignable.

(d) This section shall take effect on and after January 1, 2025.

History: L. 2024, ch. 64, ยง 8; July 1.

Previous Next
Disclaimer: These codes may not be the most recent version. Kansas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.