Form DFPI-2118 Application for Approval to Acquire Control of Money Transmitter - California

What Is Form DFPI-2118?

This is a legal form that was released by the California Department of Financial Protection and Innovation - a government authority operating within California. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form DFPI-2118?
A: Form DFPI-2118 is an application for approval to acquire control of a money transmitter in California.

Q: Who needs to file Form DFPI-2118?
A: Any individual or entity seeking to acquire control of a money transmitter in California.

Q: What is the purpose of Form DFPI-2118?
A: The purpose of Form DFPI-2118 is to obtain approval from the California Department of Financial Protection and Innovation (DFPI) for acquiring control of a money transmitter.

Q: What information is required in Form DFPI-2118?
A: Form DFPI-2118 requires detailed information about the acquiring individual or entity, the money transmitter being acquired, and the proposed transaction.

Q: How long does it take to process Form DFPI-2118?
A: The processing time for Form DFPI-2118 can vary. It is recommended to check with the California Department of Financial Protection and Innovation for the current processing time.

Q: Is approval guaranteed after submitting Form DFPI-2118?
A: Approval is not guaranteed after submitting Form DFPI-2118. The application will be reviewed by the California Department of Financial Protection and Innovation, and approval will be granted based on their evaluation.