For purposes of this subpart:

1. (1) A person engages in the business of money transmission if the person:

   1. (A) Conducts money transmission:

      1. (i) For persons located in this state; or
      2. (ii) From a physical location in this state for persons located outside this state; and
   2. (B) Receives compensation or expects to receive compensation, directly or indirectly, for conducting the transmissions; and
2. (2) A person engaging in the business of money transmission shall be presumed to solicit, advertise, or hold itself out as a person that engages in the business of money transmission in this state if the person fails to provide a disclaimer listing either the states in which it is licensed or the states in which it is not licensed.