§6120. Licensee liability
Except in cases of gross negligence or intentional acts that result in harm to a person, a licensee's responsibility to a person for a money transmission conducted on that person's behalf by the licensee or the licensee's authorized delegate is limited to the amount of money transmitted or the face amount of the payment instrument purchased. [PL 1997, c. 155, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 1997, c. 155, §A2 (NEW).
Structure Maine Revised Statutes
TITLE 32: PROFESSIONS AND OCCUPATIONS
Chapter 80: MONEY TRANSMITTERS AND CHECK CASHERS
Subchapter 1: MONEY TRANSMITTERS
32 §6105. License qualifications
32 §6107. Bond or other security device
32 §6108. Application fee (REPEALED)
32 §6110. Renewal of license and annual report
32 §6111. Extraordinary reporting requirements
32 §6112. Changes in control of a licensee
32 §6114. Maintenance of records
32 §6115. Confidentiality of data submitted to the administrator
32 §6116. Suspension or revocation of licenses
32 §6117. Authorized delegate contracts
32 §6118. Authorized delegate conduct
32 §6119. Revocation or suspension of authorized delegates
32 §6121. Hearings; procedures