SB512 — Relating to prohibiting the imposition of a monetary fine or penalty for a violation of a money services business's terms of service agreement; providing a civil penalty.

SB512 — Relating to prohibiting the imposition of a monetary fine or penalty for a violation of a money services business's terms of service agreement; providing a civil penalty. · Informed CitizenrySB 512 prohibits money transmission licensees from including provisions in their terms of service agreements that allow for the imposition of monetary fines or penalties for violations of those agr…Open in Informed Citizenry