EXTRAORDINARY REPORTING REQUIREMENTS.

26-2912. Extraordinary reporting requirements. Within fifteen (15) days of the occurrence of any one (1) of the events listed below, a licensee shall file a written report with the director describing such event: (1) The filing for bankruptcy or reorganization by the licensee; (2) The institution of revocation or suspension proceedings against the licensee by any state or government authority with regard to the licensee's money transmission activities; (3) Any felony indictment, complaint or information of the licensee or any of its key officers or directors; or (4) Any felony conviction of the licensee or any of its key officers or directors. History: [26-2912, added 1994, ch. 410, sec. 1, p. 1290.]