HAR §16-24-48. Inquiries from a money transmitter or industry trade association

The division's response to an inquiry from a money transmitter or industry trade association shall not determine private rights and obligations. The commissioner may decide to respond to a money transmitter's or industry trade association's inquiry regarding an interpretation of statute or rule that is consistent with the division's regulatory purpose. A money transmitter or industry trade association has a right to know whether the division will find a particular action to be within the bounds of the law. [Eff 7/23/07] (Auth: HRS §§91-2, 91-8, 489D-33, 489D-34) (Imp: §§91-2, 91-8, 489D-33)