Section 286.11-061 - Powers and duties of department and commissioner relating to the regulation, supervision, and licensing of money transmitters(1) The department shall exercise all administrative functions of the state in relation to the regulation, supervision, and licensing of money transmitters.(2) The commissioner may promulgate, amend, and repeal any administrative regulations, forms, and orders as are necessary to interpret and enforce the provisions of this subtitle.(3) The commissioner may request any additional information as the commissioner deems necessary to interpret and carry out any of the provisions of this subtitle from any applicant, licensee, agent, responsible individual, controlling person, executive officer, or key shareholder.Effective:7/15/2010
Amended 2010, Ky. Acts ch. 24, sec. 857, effective7/15/2010. -- Created 2006, Ky. Acts ch. 247, sec. 31, effective 4/24/2006.