DIVISION 1.2. MONEY TRANSMISSION ACT 2000-2176›CHAPTER 3. Licenses 2030-2043

§ 2041

California Financial Code · 2020-11 edition · updated 2026-10-04 · California

(a) A licensee shall conduct money transmission in California under its true name unless it has complied with Chapter 5 (commencing with Section 17900) of Part 3 of Division 7 of the Business and Professions Code.

(b) A licensee may only conduct money transmission in California under its true name unless it has provided 30-day advance written notice to the commissioner. A licensee may also use a trade name or logo, so long as there is reasonable disclosure of its true name.

(Added by Stats. 2011, Ch. 243, Sec. 4. (SB 664) Effective January 1, 2012.)

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California Financial Code

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