N.Y. General Business Law 160 – Unauthorized transmission of money as agent
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§ 160. Unauthorized transmission of money as agent. No person, firm or corporation or unincorporated association shall represent himself to be an agent of any steamship company, express company, banking establishment or institution, or other company, for the purpose of receiving money for transmission or of transmitting the same by draft, traveller's check, money order or otherwise to foreign countries, nor shall any person, firm, corporation or unincorporated association do business as such agent, unless thereto duly authorized.
Terms Used In N.Y. General Business Law 160
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.