# 8 V.S.A. § 2505: License required

> Vermont · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2505

## Section

- **Citation:** 8 V.S.A. § 2505
- **Heading:** License required
- **Jurisdiction:** Vermont
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** VT Code / Title 8 / Chapter 79 / Section 2505

## Text

(a) A person shall not engage in the business of money transmission or advertise, solicit, or hold itself out as providing money transmission, unless the person is licensed under this subchapter.

(b) Subsection (a) of this section does not apply to:

(1) a person that is an authorized delegate of a person licensed under this subchapter acting within the scope of authority conferred by a written contract with the licensee; or

(2) a person that is exempt pursuant to section 2504 of this chapter and does not engage in money transmission outside the scope of such exemption.

## Nearby sections

- [8 V.S.A. § 2500 § 2500. Purpose](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2500.md)
- [8 V.S.A. § 2501 § 2501. Transition period](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2501.md)
- [8 V.S.A. § 2502 § 2502. Relationship to federal law](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2502.md)
- [8 V.S.A. § 2503 § 2503. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2503.md)
- [8 V.S.A. § 2504 § 2504. Exemptions](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2504.md)
- [8 V.S.A. § 2504a § 2504a. Authority to require demonstration of exemption](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2504a.md)
- [8 V.S.A. § 2505 § 2505. License required](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2505.md)
- [8 V.S.A. § 2506 § 2506. Application for license; additional information](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2506.md)
- [8 V.S.A. § 2507 § 2507. Money transmission kiosk registration](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2507.md)
- [8 V.S.A. § 2515 § 2515. Check cashing and currency exchange license required](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2515.md)
- [8 V.S.A. § 2516 § 2516. Application for license; additional information](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2516.md)
- [8 V.S.A. § 2519 § 2519. Activities of check cashers and currency exchanges](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2519.md)
- [8 V.S.A. § 2520 § 2520. Applicability of subchapters](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2520.md)
- [8 V.S.A. § 2525 § 2525. Relationship between licensee and authorized delegate](https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2525.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_VT_T8_C79_S2505. Check the current official text before relying on it. Not legal advice.