North Dakota Code 13-09.1-25 – Unauthorized activities
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A person shall not engage in the business of money transmission on behalf of a person not licensed under this chapter or not exempt pursuant to section 13-09.1-02. A person that engages in such activity provides money transmission to the same extent as if the person were a licensee, and must be jointly and severally liable with the unlicensed or nonexempt person.
Terms Used In North Dakota Code 13-09.1-25
- Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49