- (1) Each licensee shall submit a report of condition to the banking board within forty-five days after the end of a calendar quarter or within any extended time as the board by rule may prescribe.
(2) The report of condition must include:
- (a) Financial information at the licensee level;
- (b) Nationwide and state-specific money transmission transaction information in every jurisdiction in the United States where the licensee is licensed to engage in money transmission;
- (c) A permissible investments report;
- (d) Transaction destination country reporting for money received for transmission, if applicable; and
- (e) Any other information the banking board reasonably requires with respect to the licensee.
- (3) The information required by subsection (2)(d) of this section shall only be included in a report of condition submitted within forty-five days after the end of the fourth calendar quarter.
Source: L. 2025: Entire article R&RE, (HB 25-1201), ch. 91, p. 397, § 1, effective August 6.