Idaho § 26-2903 - License required
Full text of Idaho Idaho Statutes § 26-2903 — License required, with citation guidance and answers to common questions.
§ 26-2903. License required
(1) On or after the effective date of this act, no person except a person exempt pursuant to the provisions of section 26-2904 , Idaho Code, shall engage in the business of money transmission without a license as provided in accordance with the provisions of this chapter.
(2) A licensee may conduct its business in this state at one (1) or more locations, directly or indirectly owned, or through one (1) or more authorized representatives, or both, pursuant to the single license granted to the licensee.
(3) The director may permit multiple corporations, which are directly or indirectly commonly controlled, to engage in activities under the provisions of this chapter, pursuant to a single bond or other security device in satisfaction of the requirements of section 26-2908 , Idaho Code.
[26-2903, added 1994, ch. 410, sec. 1, p. 1284.]
Frequently Asked Questions About Idaho § 26-2903
What does Idaho Statutes § 26-2903 cover?
Section 26-2903 ("License required") is part of the Idaho Statutes, the codified statutory law of Idaho. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Idaho § 26-2903?
A common citation format is "Idaho Statutes § 26-2903" (Idaho). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Idaho law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Idaho official source linked on this page or consult a licensed Idaho attorney.
How does Idaho § 26-2903 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Idaho can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Idaho.