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Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

Chapter 361

previous next Effective - 28 Aug 1984bottom

  361.720.  Licensee may conduct business through unlicensed agents and employees. — Each licensee may conduct business at one or more locations within this state and by means of employees, agents, subagents or representatives as such licensee may designate.  No license under sections 361.700 to 361.727 shall be required of any such employee, agent, subagent or representative who sells checks in behalf of a licensee.  Each such agent, subagent or representative shall upon demand transfer and deliver to the licensee the proceeds of the sale of licensee's checks less the fees, if any, due such agent, subagent or representative.

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(L. 1984 H.B. 1374 § 10)


---- end of effective   28 Aug 1984 ----

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