HRS §489D-3
License required for money transmission
This section says you need a state license to run a money transmission business in Hawaii, even if you are located elsewhere. It also says one license can cover multiple locations or authorized agents. Some people are excluded under another law.
businesses
The statute, as written — License required
(a) On or after July 1, 2007, no person except those excluded pursuant to section 489D-5, shall engage in the business of money transmission without a license as provided in this chapter. (b) A person is engaged in providing money transmission if the person provides those services to persons in the State, even if the person providing services has no physical presence in the State. (c) If a licensee has a physical presence in the State, the licensee may conduct its business at one or more locations, directly or indirectly owned, or through one or more authorized delegates, or both, pursuant to the single license granted to the licensee.
Sections this one refers to
§489D-5 Who does not need a money transmitter license
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.