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S01748 Summary:
BILL NO | S01748 |
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SAME AS | SAME AS A05702 |
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SPONSOR | SANDERS |
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COSPNSR | WEBB |
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MLTSPNSR | |
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Add §651-c, Bank L | |
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Enacts the New York state money transmission disclosure act; requires each licensee providing a transmission transaction which involves currency of one country into the currency of another country to provide the customer with a written disclosure; authorizes the superintendent of financial services to implement any necessary rules and regulations. |