Hawaii Revised Statutes
489D. Money Transmitters Act
489D-2 Purpose.

§489D-2 Purpose. It is the intent of the legislature to establish within the State a licensure system to ensure the safe and sound operation of money transmission businesses, to ensure that these businesses are not used for criminal purposes, to promote confidence in the State's financial system, and to protect the public interest. [L 2006, c 153, pt of §1]

Structure Hawaii Revised Statutes

Hawaii Revised Statutes

Title 26. Trade Regulation and Practice

489D. Money Transmitters Act

489D-1 Short title.

489D-2 Purpose.

489D-3 License required.

489D-4 Definitions.

489D-5 Exclusions.

489D-6 License qualifications.

489D-6.2 Registration with NMLS.

489D-7 Bond or other security device.

489D-8 Permissible investments and statutory trust.

489D-9 License and registration; application.

489D-9.5 Limited exemption for financial institutions; financial institutions as authorized delegates.

489D-10 Application and license fees

489D-11 Issuance of license; grounds for denial.

489D-12 Renewal of license and annual report.

489D-12.5 Penalties and other charges.

489D-13 Licensee liability.

489D-14 Extraordinary reporting requirements.

489D-14.5 Name change.

489D-15 Changes in control of a licensee.

489D-16 Money laundering reports.

489D-17 Examinations and investigations.

489D-18 Maintenance of records.

489D-19 Confidentiality of records.

489D-20 Money transmitter receipts and refunds.

489D-21 Authorized delegate contracts.

489D-22 Authorized delegate; conduct.

489D-22.5 Voluntary surrender of license.

489D-23 Prohibited practices.

489D-24 Suspension or revocation of licenses.

489D-25 Suspension or revocation of authorized delegates.

489D-26 Orders to cease and desist.

489D-27 Consent orders.

489D-28 Civil penalties.

489D-29 Criminal penalties.

489D-30 Unlicensed persons.

489D-31 Administrative procedures.

489D-32 Hearings.

489D-33 Division functions.

489D-34 Powers of the commissioner.