§6083. Relationship to federal law
State money transmission jurisdiction is governed by this section.
[PL 2023, c. 662, §2 (NEW).]
1.
Governance.
If state money transmission jurisdiction is conditioned on a federal law, any inconsistency between a provision of this Act and the federal law governing money transmission is governed by the applicable federal law to the extent of the inconsistency.
[PL 2023, c. 662, §2 (NEW).]
2.
Guidance.
If there is an inconsistency between this Act and a federal law that governs pursuant to subsection 1, the administrator may provide interpretive guidance that identifies the inconsistency and identifies the appropriate means of compliance with federal law.
[PL 2023, c. 662, §2 (NEW).]
SECTION HISTORY
PL 2023, c. 662, §2 (NEW).