There is a newer version of the North Carolina General Statutes
2015 North Carolina General Statutes
Chapter 53 - Regulation of Financial Services.
Article 16A - Money Transmitters Act.
§ 53-208.22 - 22. Licensee liability.
NC Gen Stat § 53-208.22 (2015) What's This?
53-208.22. Licensee liability.
A licensee's responsibility to any person for a money transmission conducted on that person's behalf by the licensee or the licensee's authorized delegate shall be limited to the amount of money transmitted or the face amount of the payment instrument purchased. (2001-443, s. 2.)
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