RSA 399-G:2 Definitions.

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

The following terms shall have the following meanings, unless context clearly indicates otherwise:
I. "Acting in concert" means persons knowingly acting together with a common goal of jointly acquiring control of a licensee whether or not pursuant to an express agreement.
II. "Authorized delegate" means a person a licensee delegates to engage in money transmission on behalf of the licensee.
III. "Average daily money transmission liability" means the amount of the licensee's outstanding money transmission obligations in New Hampshire at the end of each day in a given period of time, added together, and divided by the total number of days in the given period of time. For purposes of calculating average daily money transmission liability under this chapter for any lic

Log in to read the full statute text and search all NH RSAs.

Read Full Statute