HB5470 — Financial institutions: money transmitters; money transmitter license; subject virtual currency kiosk to. Amends sec. 3 of 2006 PA 250 (MCL 487.1003). TIE BAR WITH: HB 5469'26

HB5470 — Financial institutions: money transmitters; money transmitter license; subject virtual currency kiosk to. Amends sec. 3 of 2006 PA 250 (MCL 487.1003). TIE BAR WITH: HB 5469'26 · Informed CitizenryThis bill amends Section 3 of the Money transmission services act (MCL 487.1003). The amendments define several terms used in the act, including: "Material litigation" (litigation significant to a…Open in Informed Citizenry