1. The director may issue an order suspending or revoking the designation of an authorized delegate, if the director finds that: (1) The authorized delegate violated sections 361.900 to 361.1035 or a rule adopted or an order issued under sections 361.900 to 361.1035;(2) The authorized delegate did not cooperate with an examination or investigation by the director;(3) The authorized delegate engaged in fraud, intentional misrepresentation, or gross negligence;(4) The authorized delegate has been convicted of, or pled guilty or nolo contendere to a felony involving an act of fraud, dishonesty, a breach of trust, or money laundering;(5) The competence, experience, character, or general fitness of the authorized delegate or a person in control of the authorized delegate indicates that it is not in the public interest to permit the authorized delegate to provide money transmission; or(6) The authorized delegate is engaging in an unsafe or unsound practice.2. In determining whether an authorized delegate is engaging in an unsafe or unsound practice, the director may consider the size and condition of the authorized delegate's provision of money transmission, the magnitude of the loss, the gravity of the violation of sections 361.900 to 361.1035 or a rule adopted or order issued under sections 361.900 to 361.1035, and the previous conduct of the authorized delegate.3. An authorized delegate may apply for relief from a suspension or revocation of designation as an authorized delegate according to procedures prescribed by the director.Added by 2024 Mo. Laws, SB 1359,s A, eff. 8/28/2024.