For purposes of Financial Code Section 2011:

Any person which is exempted from the Money Transmission Act by Section 80.3002(a) and (b) of this Chapter shall be deemed to be a person referred to in Financial Code Section 2011.

Note: Authority cited: Sections 321 and 334, Financial Code. Reference: Section 2011, Financial Code.

History

1. Change without regulatory effect amending section filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).

2. Amendment of section and Note filed 8-11-2015; operative 10-1-2015 (Register 2015, No. 33).