2011 Wyoming Statutes
TITLE 40 - TRADE AND COMMERCE
CHAPTER 22 - WYOMING MONEY TRANSMITTERS ACT
40-22-119. Authorized delegate conduct.


WY Stat § 40-22-119 (1997 through Reg Sess) What's This?

(a) An authorized delegate shall not make any fraudulent or false statement or misrepresentation to a licensee or to the commissioner.

(b) All money transmission activities conducted by an authorized delegate shall be in strict accord with the licensee's written procedures provided to the authorized delegate.

(c) An authorized delegate shall remit all money owing to the licensee in accordance with the terms of the contract between the licensee and the authorized delegate.

(d) An authorized delegate is deemed to consent to the commissioner's inspection with or without prior notice to the licensee or authorized delegate pursuant to W.S. 40-22-115.

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