The liability of a licensee to any person for a money transmission conducted by the licensee, or an authorized delegate of the licensee, on behalf of the person shall be limited to the amount of money transmitted or the face amount of the payment instrument purchased.
(July 18, 2000, D.C. Law 13-140, § 20, 47 DCR 3431.)
Structure District of Columbia Code
Title 26 - Banks and Other Financial Institutions
Chapter 10 - Money Transmissions
§ 26–1004. License qualifications
§ 26–1005. Permissible investments and statutory trust
§ 26–1006. License application
§ 26–1007. Bond or other security device
§ 26–1009. Issuance of license
§ 26–1010. Renewal of license and annual report
§ 26–1011. Special reporting requirements
§ 26–1012. Changes in control of a licensee
§ 26–1014. Maintenance of records
§ 26–1015. Suspension or revocation of licenses
§ 26–1016. Authorized delegate contracts
§ 26–1017. Authorized delegate conduct
§ 26–1018. Revocation or suspension of authorized delegates
§ 26–1020. Hearings and procedures
§ 26–1024. Promulgation of rules