Download official copy (PDF) Commissioner’s Opinion – No. 005 Compliance with the Notice Requirements in Branches of Financial Code § 2104 and Financial Code § 2105. This Opinion provides guidance on the notices required to be posted by Financial Code (FC) §... Read MoreRead more about CA Money Transmission Act – 2013 Commissioner’s Opinion – No. 005

Download official copy (PDF) Commissioner’s Opinion – No. 004 Sale and/or distribution of gift cards that are only redeemable by the issuer for goods or services provided by the issuer or its affiliate. This Opinion provides guidance on the definition of... Read MoreRead more about CA Money Transmission Act – 2013 Commissioner’s Opinion – No. 004

Download official copy (PDF) STATE OF CALIFORNIA DEPARTMENT OF FINANCIAL INSTITUTIONS In the Matter of                                            ALL LICENSEES UNDER THE  MONEY TRANSMISSION ACT                      2013 Order Declaring ACH, Credit and Debit Card... Read MoreRead more about CA Money Transmission Act – Order Declaring ACH, Credit and Debit Card Receivables as Eligible Securities

Download official copy (PDF) Opinion – “Software Company that Does Not Have Possession or Control of Money – Not Subject to Money Transmission Act” May 16, 2013 Re: ___ Dear ___: This is in response to your letters dated July 27, 2012, and February 7, 2013, in which... Read MoreRead more about Software company that does not have possession or control of money-not subject to MTA