26-2904. EXEMPTIONS. (1) This chapter shall not apply to:
(a) The United States or any department, agency or instrumentality of the United States;
(b) The United States post office;
(c) The state or any political subdivision of the state; and
(d) Banks, credit unions, savings and loan associations, savings banks or mutual banks organized under the laws of any state or the United States, provided that they do not issue or sell payment instruments through authorized delegates who are not banks, credit unions, savings and loan associations, savings banks or mutual banks; and
(2) Authorized representatives of a licensee, acting within the scope of authority conferred by a written contract conforming to the requirements of section 26-2918, Idaho Code, shall not be required to obtain a license pursuant to this chapter.
History:
[26-2904, added 1994, ch. 410, sec. 1, p. 1284.]
Structure Idaho Code
Chapter 29 - MONEY TRANSMISSION
Section 26-2901 - SHORT TITLE.
Section 26-2902 - DEFINITIONS.
Section 26-2903 - LICENSE REQUIRED.
Section 26-2905 - LICENSE QUALIFICATIONS.
Section 26-2906 - PERMISSIBLE INVESTMENTS.
Section 26-2907 - LICENSE APPLICATION.
Section 26-2908 - BOND OR OTHER SECURITY DEVICE.
Section 26-2909 - APPLICATION FEE.
Section 26-2910 - ISSUANCE OF LICENSE.
Section 26-2911 - RENEWAL OF LICENSE AND ANNUAL REPORT.
Section 26-2912 - EXTRAORDINARY REPORTING REQUIREMENTS.
Section 26-2913 - CHANGES IN CONTROL OF A LICENSE.
Section 26-2914 - AUTHORITY TO CONDUCT EXAMINATIONS AND INVESTIGATIONS.
Section 26-2915 - MAINTENANCE OF RECORDS.
Section 26-2916 - CONFIDENTIALITY OF DATA SUBMITTED TO THE DIRECTOR.
Section 26-2917 - SUSPENSION OR REVOCATION OF LICENSES.
Section 26-2918 - AUTHORIZED REPRESENTATIVE CONTRACTS.
Section 26-2919 - AUTHORIZED REPRESENTATIVE CONDUCT.
Section 26-2920 - REVOCATION OR SUSPENSION OF AUTHORIZED REPRESENTATIVES.
Section 26-2921 - LICENSEE LIABILITY.
Section 26-2922 - HEARINGS — PROCEDURES.
Section 26-2923 - CIVIL PENALTIES.
Section 26-2924 - ENFORCEMENT.
Section 26-2925 - CRIMINAL PENALTIES.
Section 26-2926 - PROMULGATION OF RULES.
Section 26-2927 - SEVERABILITY.
Section 26-2928 - APPOINTMENT OF DIRECTOR AS AGENT FOR SERVICE OF PROCESS.