General Laws of Massachusetts - Chapter 169 Receipts of Deposits for Transmittal to Foreign Countries
- Massachusetts General Laws - Application of chapter - Chapter 169, Section 1
This chapter shall apply to all persons who engage or are financially interested in the business of receiving deposits of money for the purpose of...
- Massachusetts General Laws - Bond; amount; condition - Chapter 169, Section 2
Every person subject to section one, before engaging or becoming financially interested or continuing to engage or be financially interested in the business of receiving...
- Massachusetts General Laws - Bonds; requirements; issuance and revocation of licenses; trust fund for depositors - Chapter 169, Section 3
Except as otherwise expressly provided herein, the provisions of this section shall apply to the bonds required by section two. Each such bond shall be...
- Massachusetts General Laws - Bonds; duty of state treasurer to keep record; public inspection - Chapter 169, Section 4
The state treasurer shall keep a record, which shall be open to public inspection, of such bonds filed with him with the names and places...
- Massachusetts General Laws - Actions on bonds - Chapter 169, Section 5
An action to recover on such bond may be brought by an aggrieved party in the superior court department of the trial court.
- Massachusetts General Laws - Licenses; multi-state licensing system - Chapter 169, Section 6
The application for a license shall be in writing and on a form prescribed by the commissioner which shall contain the name and complete address...
- Massachusetts General Laws - Commissioner; rules and regulations - Chapter 169, Section 7
The commissioner may, from time to time, prescribe such rules and regulations as may be necessary to carry out the provisions of this chapter. Such...
- Massachusetts General Laws - Money received for transmission; receipts - Chapter 169, Section 8
All money received for transmission to a foreign country by any licensee shall be forwarded to the person to whom the same is directed within...
- Massachusetts General Laws - Licensees’ annual report - Chapter 169, Section 9
A licensee shall annually make a report to the commissioner, on or before a date to be determined by the commissioner, and at such other...
- Massachusetts General Laws - Books and accounts; inspections - Chapter 169, Section 10
A licensee shall keep such books, accounts and records as will enable the commissioner to determine whether such licensee is in compliance with the provisions...
- Massachusetts General Laws - Investigation of persons other than licensees - Chapter 169, Section 11
The commissioner, if he has reason to believe that a person other than a licensee has violated any of the provisions of this chapter, shall...
- Massachusetts General Laws - Revocation, suspension or surrender of licenses - Chapter 169, Section 12
The commissioner may suspend or revoke any license issued pursuant to this chapter if he finds that: (a) the licensee has violated any provision of...
- Massachusetts General Laws - Cease and desist orders - Chapter 169, Section 13
(a) If the commissioner determines, after notice and opportunity for a hearing, that a licensee has engaged in or is about to engage in any...
- Massachusetts General Laws - Restraint orders; receivers - Chapter 169, Section 14
If, after examination, it appears that a licensee is insolvent or that its capital is impaired or that its condition is such as to render...
- Massachusetts General Laws - Commissioner; civil actions - Chapter 169, Section 15
The commissioner may enforce the provisions of this chapter or restrain violations thereof by filing a civil action in the superior court department of the...
- Massachusetts General Laws - Penalties - Chapter 169, Section 16
Whoever violates any provision of this chapter or any rule or regulation made hereunder by the commissioner shall be punished by a fine of not...
Last modified: September 11, 2015