Idaho Code § 26-2912

Current through the 2024 Regular Session

Section 26-2912 - EXTRAORDINARY REPORTING REQUIREMENTS

Within fifteen (15) days of the occurrence of any one (1) of the events listed below, a licensee shall file a written report with the director describing such event:

(1) The filing for bankruptcy or reorganization by the licensee;

(2) The institution of revocation or suspension proceedings against the licensee by any state or government authority with regard to the licensee's money transmission activities;

(3) Any felony indictment, complaint or information of the licensee or any of its key officers or directors; or

(4) Any felony conviction of the licensee or any of its key officers or directors.

Idaho Code § 26-2912

[26-2912, added 1994, ch. 410, sec. 1, p. 1290.]