Common use of State Specific Requirements Clause in Contracts

State Specific Requirements. This Section 15 applies to Agent with respect to its locations, if any, in the states listed below: Agent is under a duty to act only as authorized under this Agreement. Agent and WUNA are subject to supervision, regulation and disciplinary action, including but not limited to termination of the Agreement, by or at the direction of the Director or Commissioner (as defined below). Agent hereby consents to the Director’s inspection of the books and records of Agent, with or without prior written notice to WUNA or Agent. As used in this Section 15, “Director” or “Commissioner” means the following for each of the states listed below: Arkansas – Arkansas Securities Commissioner California – Commissioner of Business Oversight Idaho – Director of the Idaho Department of Finance Hawaii – Hawaii Commissioner of Financial Institutions Indiana – Director of Indiana Department of Financial Institutions Kentucky – Executive Director of the Kentucky Office of Financial Institutions Maine – Director of Office of Consumer Credit Regulation within the Department of Professional and Financial Regulation Maryland – Bank Commissioner of the Department of Licensing and Regulation Michigan – Commissioner of the Office of Financial and Insurance Services Minnesota – Commissioner of Commerce Nebraska – Director of Banking and Finance New Mexico – Director of the Financial Institutions Division of the Regulation and Licensing Department New York – Superintendent of Banking of the State of New York North Carolina – Commissioner of Banks of the State of North Carolina North Dakota – Commissioner of the Department of Financial Institutions Oregon – Director of the Department of Consumer and Business Services Pennsylvania – Secretary of Banking South Carolina – South Carolina Attorney General Tennessee – Tennessee Commissioner of Financial Institutions Texas – Texas Commissioner of Banking Virginia -- Virginia Commissioner of Financial Institutions Wyoming – State Banking Commissioner Agent will perform all Services in compliance with the Act (as defined below) and any rules, regulations or orders issued thereunder, as amended from time to time. As used in this Section 15, “the Act” means the following for each of the states listed below: Alaska – Alaska Uniform Money Services Act, Chapter 55 of Title 6 of the Alaska Statutes Arkansas – Arkansas Uniform Money Services Act, Arkansas Code, Title 23, Chapter 55 California – Money Transmission Act of the California Financial Code and of any regulations or orders issued thereunder District of Columbia – Money Transmissions Law, Chapter 10 of Title 26 of the District of Columbia Code Idaho – Chapter 29 of Title 26 of the Idaho Code Illinois – the laws of the State of Illinois and the United States, including without limitation, Illinois Transmitters of Money Act, 205 Illinois Compiled Statutes Section 657 Indiana – Indiana Code Section 28-8-4-1 through Section 28-8-4-53 Iowa – Iowa Uniform Money Services Act, Chapter 533C of the Iowa Code Kentucky – Kentucky Revised Statutes Chapter 286 Maryland – Maryland Money Transmission Act, Md. Code ▇▇▇., Fin. Inst. Sections 12-401 to 12-431 Michigan – Michigan Money Transmission Services Act, Act 250 of 2006, Michigan Compiled Laws Section 487, specifically subsections 1033 and 1034, and any rules, regulations or orders issued thereunder Minnesota – Minnesota Statutes Annotated Chapter 53B.21 New Jersey – New Jersey Money Transmitters Act, New Jersey Statutes, Title ▇▇, ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇▇▇ – Uniform Money Services Act North Carolina – North Carolina Money Transmitters Act, N.C.G.S. §53-208.41 et seq Pennsylvania – Money Transmitter Act South Carolina – South Carolina Anti-Money Laundering Act, Title 35, Chapter 11 Vermont – Chapter 79, Title 8 of the Vermont Statutes Virginia -- Chapter 19 of Title 6.2 of the Code of ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ – Washington Uniform Money Services Act, Revised Code of Washington, Title 19, Chapter 19.230 Texas – All applicable state and federal laws rules and regulations pertaining to money transmission, including Chapter 151 of the Texas Finance Code, relevant provisions of the Bank Secrecy Act and USA PATRIOT Act, and Chapter 271 of the Texas Finance Code, and regulations of the State of Texas, including, but not limited to, the posting of the following notice to consumers as required under Title 7, Section 33.51(d)(1) of the Texas Administrative Code: “Complaints concerning money transmission activities of Company should be directed to: