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RSA 399-G:30 · Enforcement; Suspension and Revocation
399-G:30 Enforcement; Suspension and Revocation. –
Copy linkThe commissioner may suspend or revoke a license or order a licensee to revoke the designation of an authorized delegate if:
Copy linkThe licensee violates this chapter or a rule adopted or an order issued under this chapter;
Copy linkThe licensee does not cooperate with an examination or investigation by the commissioner;
Copy linkAn authorized delegate is convicted of a violation of a state or federal anti-money laundering statute, or violates a rule adopted or an order issued under this chapter, as a result of the licensee's willful misconduct or willful blindness;
Copy linkThe competence, experience, character, or general fitness of the licensee, authorized delegate, person in control of a licensee, key individual, or responsible person of the authorized delegate indicates that it is not in the public interest to permit the person to provide money transmission;
Copy linkThe licensee is insolvent, suspends payment of its obligations, or makes a general assignment for the benefit of its creditors; or
Copy linkThe licensee does not remove an authorized delegate after the commissioner issues and serves upon the licensee a final order including a finding that the authorized delegate has violated this chapter.
Copy linkIn determining whether a licensee is engaging in an unsafe or unsound practice, the commissioner may consider the size and condition of the licensee's money transmission, the magnitude of the loss, the gravity of the violation of this chapter, and the previous conduct of the person involved. Source. 2024, 368:1, eff. Oct. 22, 2024.
Copy linkSource note
Source. 2024, 368:1, eff. Oct. 22, 2024.
Source history
- 2024, 368:1, eff. Oct. 22, 2024
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Bill relationships
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2026 HB1207
reference · effective 2027-07-01
. (c) From consumer credit division entities. Each entity subject to the supervision of the commissioner under the provisions of RSA 361-A, RSA 397-A, RSA 399-A, RSA 399-D, and RSA 399-G, shall be charged and shall pay such proportion of the balance applicable to the consumer credit administration division under the department's accounting unit designation as the gross revenue received from the total do
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2026 HB1207-FN
reference · effective 2027-07-01
. (c) From consumer credit division entities. Each entity subject to the supervision of the commissioner under the provisions of RSA 361-A, RSA 397-A, RSA 399-A, RSA 399-D, and RSA 399-G, shall be charged and shall pay such proportion of the balance applicable to the consumer credit administration division under the department's accounting unit designation as the gross revenue received from the total do
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2026 HB639
reference
on a blockchain protocol. II. A person engaged in home digital asset mining or a digital asset mining business shall not be required to obtain a money transmitter license under RSA 399-G. III. Operating a node or a series of nodes on a blockchain protocol shall not require an individual or business to obtain a money transmitter license under RSA 399-G. IV. A person engaging in the act of digital ass
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2026 HB639-FN
reference
on a blockchain protocol. II. A person engaged in home digital asset mining or a digital asset mining business shall not be required to obtain a money transmitter license under RSA 399-G. III. Operating a node or a series of nodes on a blockchain protocol shall not require an individual or business to obtain a money transmitter license under RSA 399-G. IV. A person engaging in the act of digital ass