26-2921. LICENSEE LIABILITY. A license’s [licensee’s] liability to any person for a money transmission conducted on that person’s behalf by the licensee or the licensee’s authorized representative shall be limited to the amount of money transmitted or the face amount of the payment instrument purchased.
History:
[26-2921, added 1994, ch. 410, sec. 1, p. 1294.]
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.