[§489D-23]  Prohibited practices.  It is
a violation of this chapter for a licensee to:



(1)  Directly or indirectly employ any scheme, device,
or artifice to defraud or mislead any person, including, but not limited to,
bait and switch advertising or sales practices;



(2)  Directly or indirectly engage in any unfair or
deceptive act or practice toward any person, including but not limited to any
false or deceptive statement about fees or other terms of a money transmission
or currency exchange;



(3)  Directly or indirectly obtain property by fraud
or misrepresentation;



(4)  Knowingly make, publish, or disseminate any
false, deceptive, or misleading information in the provision of money services;



(5)  Knowingly receive or take possession for personal
use any property of any money services business, other than in payment for
services rendered, and with intent to defraud, and omit to make, or cause or
direct to omit to make, a full and true entry in the books and accounts of the
regulated business;



(6)  Concur in making any false entry, or omit or
concur in omitting any material entry in the books or accounts of the business;



(7)  Knowingly make or publish to the commissioner or
commissioner's designee, or concur in making or publishing to the commissioner
or commissioner's designee, any written report, exhibit, or statement of the
licensee's affairs or pecuniary condition containing any material statement
that is false, or omit or concur in omitting any statement required by law to
be contained therein; or



(8)  Fail to make any report or statement lawfully
required by the commissioner. [L 2006, c 153, pt of §1]