A licensee's responsibility to any 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 tendered or the face amount of the payment instrument purchased.
2001 c 148 s 23
Structure Minnesota Statutes
Chapter 53B — Money Transmitters
Section 53B.02 — License Required.
Section 53B.05 — License Qualifications.
Section 53B.06 — Permissible Investments And Statutory Trust.
Section 53B.07 — License Application.
Section 53B.08 — Bond Or Other Security Device.
Section 53B.09 — Application Fee.
Section 53B.10 — Issuance Of License.
Section 53B.11 — Renewal Of License And Annual Report.
Section 53B.12 — Extraordinary Reporting Requirements.
Section 53B.13 — Changes In Control Of A Licensee.
Section 53B.14 — Examinations.
Section 53B.15 — Maintenance Of Records.
Section 53B.16 — Confidentiality Of Data Submitted To The Commissioner.
Section 53B.17 — Solvency Required.
Section 53B.18 — Prohibited Practices.
Section 53B.19 — Suspension Or Revocation Of Licenses.
Section 53B.20 — Authorized Delegate Contracts.
Section 53B.21 — Authorized Delegate Conduct.
Section 53B.22 — Licensee Liability.
Section 53B.23 — Hearings; Procedures.
Section 53B.25 — Rule Notices.
Section 53B.26 — Appointment Of Commissioner As Agent For Service Of Process.
Section 53B.27 — Money Transmitters; Cooperation Required In Combatting Fraud.