Download official copy (PDF)Commissioner’s Opinion – No. 003 Compliance with Financial Code § 2102(b) for electronic money transmission receipts.This Opinion provides guidance on compliance with Financial Code (FC) § 2102(b) for receipts that are: (1) only... Read MoreRead more about CA Money Transmission Act – 2013 Commissioner’s Opinion – No. 003

Download official copy (PDF)COMMISSIONER’S OPINION – No. 002Disclosure requirements for persons that advertise, solicit or hold themselves out as providing money transmission in this state and who are not licensees, exempt from licensure, or agents of licensees or... Read MoreRead more about CA Money Transmission Act – 2013 Commissioner’s Opinion – No. 002

Download official copy (PDF)COMMISSIONER’S OPINION – No. 001Companies That Do Not Receive Money For TransmissionThis Opinion provides guidance on the definition of “receiving money for transmission” set forth in Financial Code (FC) § 2003(s), Division 1.2 of the FC... Read MoreRead more about CA Money Transmission Act – 2013 Commissioner’s Opinion – No. 001: Companies That Do Not Receive Money For Transmission

Order from the California Commissioner of Financial Institutions Exemption from Money Transmission Act – Credit Counseling Agencies Financial Code § 2011 California Financial Code § 2011 authorizes the Commissioner of Financial Institutions(Commissioner) to exempt... Read MoreRead more about CA Money Transmission Act – Order of Exemption from Money Transmission Act

Download official copy (PDF)March 3, 2014Re:       ______ – Opinion RequestDear _____: This is to follow up on your request that the Department of Business Oversight (Department) make a determination of whether ______ is engaged in a business which is regulated by the... Read MoreRead more about Payee-Agent and Factoring Arrangements under the MTA