Me. Stat. tit. 32 § 6093

Current through 131st (2023-2024) Legislature Chapter 634

Section 6093 - Maintenance of license

License maintenance is governed by this section. [2023, c. 662, §2 (NEW).]

1.Suspension and revocation. If a licensee does not continue to meet the qualifications or satisfy the requirements that apply to an applicant for a new money transmission license, the administrator may suspend or revoke the licensee's license in accordance with the procedures established by this Act or other applicable state law.

[2023, c. 662, §2 (NEW).]

2.Requirements. A money transmission licensee must at all times meet the requirements in sections 6100-R, 6100-S and 6100-T.

[2023, c. 662, §2 (NEW).]

32 M.R.S. § 6093

Added by 2024, c. 662,§ 2, eff. 8/9/2024.