TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER I: DEPARTMENT OF FINANCIAL INSTITUTIONS
PART 120 CURRENCY EXCHANGE ACT
SECTION 120.220 CONVICTION OF CRIME


 

Section 120.220  Conviction of Crime

 

If any stockholder, director, officer, owner, or partner of a Community or Ambulatory Currency Exchange is convicted of a crime under any law where the crime was punishable by imprisonment in excess of one year under the law under which he was convicted, the Director may order that he divest himself of any interest that he may hold in any entity licensed by the Department.