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State Statutes - Idaho - Title 26 - Chapter 29 - 26-2903
Idaho Statutes
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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.
 
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