HRS §489D-34
Commissioner's Powers
This section lists what the state commissioner can do to oversee money transmitters. It covers making rules, investigating complaints, holding hearings, and taking action like suspending licenses. It also allows the commissioner to work with other agencies and do whatever is needed to enforce the law.
businessesstate agencies
The statute, as written — Powers of the commissioner
In addition to any other powers provided by law, the commissioner may: (1) Adopt rules pursuant to chapter 91 to implement this chapter; (2) Administer and enforce the provisions and requirements of this chapter; (3) Issue declaratory rulings and informal nonbinding interpretations; (4) Develop requirements for licensure; (5) Process and investigate complaints, subpoena witnesses and documents, administer oaths, and receive affidavits and oral testimony, including telephonic communications; (6) Investigate and conduct hearings, including contested case proceedings under chapter 91, regarding any violation of this chapter, or any rule or order of, or agreement with, the commissioner; (7) Create fact-finding committees that may make recommendations to the commissioner for the commissioner's deliberations; (8) Require disclosure of relevant criminal history in accordance with this chapter and conduct criminal history record checks conducted by or through NMLS or pursuant to chapter 846; (9) Contract with or employ qualified persons who may be exempt from chapter 76, including investigators, examiners, auditors, and attorneys, to assist the commissioner in exercising the commissioner's powers and duties; (10) Require that all revenues, fees, and fines collected by the commissioner under this chapter be deposited into the compliance resolution fund established pursuant to section 26-9(o); (11) Revoke, suspend, or otherwise limit the license of any money transmitter for any violation of this chapter, or any rule or order of, or agreement with, the commissioner; (12) Report any violation of this chapter or violation of federal or state law to the Consumer Financial Protection Bureau or other federal agency having jurisdiction over the licensee; (13) Participate in nationwide protocols for licensing cooperation and coordination among state regulators; and (14) Do any and all things necessary or incidental to the exercise of the commissioner's power and duties.
Sections this one refers to
§26-9 How the Department of Commerce and Consumer Affairs is organized and what it does
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.