N.D. Cent. Code § 13-09.1-15
13-09.1-15. Maintenance of license
13-09.1-15. Maintenance of license
1.
If a licensee does not continue to meet the qualifications or satisfy the requirements
that apply to an applicant for a new money transmission license, the commissioner
may suspend or revoke the licensee's license in accordance with the procedures
established by this chapter or other applicable state law for such suspension or
revocation.
2.
An applicant for a money transmission license and a money transmission licensee
must at all times meet the requirements in sections 13-09.1-32, 13-09.1-33, and
13-09.1-34.