(b) corporation publicly traded outside the United States, a copy of similar documentation filed with the regulator of the parent domicile outside the United States; corporation’s (10) if the applicant has a registered agent in this State, the name and address of the registered agent in this State; applicant’s and (11) other information the commissioner reasonably requires with respect to the applicant. (D) A nonrefundable application fee of one thousand five hundred dollars and a license fee of seven hundred fifty dollars must accompany an application for a license pursuant to this article. The license fee must be refunded if the application is denied. (E) The commissioner may waive one or more requirements of subsections (B) and (C) or permit an applicant to submit other information in lieu of the required information. Section 3511210. (A) A person who is licensed to engage in money transmission in at least one other state, with the approval of the commissioner and in accordance with this section, may engage in money transmission and currency exchange in this State without being licensed pursuant to Section 3511205 if the: (1) state in which the person is licensed has enacted the Uniform Money Services Act or the commissioner determines that the money transmission laws of that state are substantially similar to those imposed by the law of this State; (2) person submits to, and in the form required by, the commissioner: (a) in a record, an application for approval to engage in money transmission and currency exchange in this State without being licensed pursuant to Section 3511205; (b) a nonrefundable fee of one thousand dollars; and (c) a certification of license history in the other state. (B) When an application for approval pursuant this section is complete, the commissioner shall promptly notify the applicant in a record, of the date on which the request was determined to be complete and: (1) the commissioner shall approve or deny the request within one hundred twenty days after that date; or (2) if the request is not approved or denied within one hundred twenty days after that date the: (a) request is approved; and (b) approval takes effect as of the first business day after expiration of the one hundred twentyday period.
(b) corporation publicly traded outside the United States, a copy of similar documentation filed with the regulator of the parent corporation’s domicile outside the United States; (10) if the applicant has a registered agent in this State, the name and address of the applicant’s registered agent in this State; and (11) other information the commissioner reasonably requires with respect to the applicant. (D) A nonrefundable application fee of one thousand five hundred dollars and a license fee of seven hundred fifty dollars must accompany an application for a license pursuant to this article. The license fee must be refunded if the application is denied. (E) The commissioner may waive one or more requirements of subsections (B) and (C) or permit an applicant to submit other information in lieu of the required information. Section 3511210. (A) A person who is licensed to engage in money transmission in at least one other state, with the approval of the commissioner and in accordance with this section, may engage in money transmission and currency exchange in this State without being licensed pursuant to Section 3511205 if the: (1) state in which the person is licensed has enacted the Uniform Money Services Act or the commissioner determines that the money transmission laws of that state are substantially similar to those imposed by the law of this State; (2) person submits to, and in the form required by, the commissioner: (a) in a record, an application for approval to engage in money transmission and currency exchange in this State without being licensed pursuant to Section 3511205; (b) a nonrefundable fee of one thousand dollars; and (c) a certification of license history in the other state. (B) When an application for approval pursuant this section is complete, the commissioner shall promptly notify the applicant in a record, of the date on which the request was determined to be complete and: (1) the commissioner shall approve or deny the request within one hundred twenty days after that date; or (2) if the request is not approved or denied within one hundred twenty days after that date the: (a) request is approved; and (b) approval takes effect as of the first business day after expiration of the one hundred twentyday period.
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