RSA 399-G:12 Maintenance of License; License Surrender.

Title: XXXVI - PAWNBROKERS AND MONEYLENDERS Chapter: 399-G - LICENSING OF MONEY TRANSMITTERS

I. If at any point the licensee does not continue to meet the qualifications or satisfy the requirements that apply to an applicant for a new money transmission license, the commissioner may suspend or revoke the licensee's license in accordance with the procedures established by this chapter and as required in RSA 541-A.
II. An applicant for money transmission license must demonstrate that it meets or will meet, and a money transmission licensee must at all times meet, the net worth, surety bond, and permissible investment requirements established in this chapter.
III. A licensee who ceases to engage in the business of money transmission at any time during a license year for any cause shall surrender such principal license and any authorized delegate registrations, and

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