RSA 399-G:24 Refunds.
Title: XXXVI - PAWNBROKERS AND MONEYLENDERS
Chapter: 399-G - LICENSING OF MONEY TRANSMITTERS
I. This section shall not apply to:
(a) Money received for transmission subject to the federal Remittance Rule, 12 C.F.R. part 1005, subpart B, as amended or recodified from time to time; or
(b) Money received for transmission pursuant to a written agreement between the licensee and payee to process payments for goods or services provided by the payee.
II. Every licensee shall refund to the sender within 10 days of receipt of the sender's written request for a refund of any and all money received for transmission unless any of the following occurs:
(a) The money has been forwarded within 10 days of the date on which the money was received for transmission;
(b) Instructions have been given committing an equivalent amount of money to the person designated