Section 717.245 - Events requiring filing of report with directorWithin 15 days following the occurrence of any one of the events listed in this section, a licensee shall file a written report with the Director of the Department of Consumer and Business Services describing the event and the event's expected effect on the licensee's activities in this state:
(1) The filing for bankruptcy or reorganization by the licensee or the licensee's sole owner;(2) The commencement of revocation or suspension proceedings against the licensee by any state or governmental authority with regard to the licensee's money transmission activities;(3) Any felony indictment of the licensee or any of its key officers or directors;(4) Any felony conviction of the licensee or any of its key officers or directors; or(5) The theft of payment instruments from the licensee in an amount equal to or greater than 10 percent of a licensee's monthly amount of outstanding payment instruments.