Section 40-22-118 - Authorized delegate contracts(a) A licensee shall designate an authorized delegate by express written contract including the following: (i) That the licensee appoints the person as its delegate with authority to engage in money transmission on behalf of the licensee;(ii) That an authorized delegate may not authorize subdelegates without the written consent of the commissioner; and(iii) That authorized delegates are subject to supervision and regulation by the commissioner.Amended by Laws 2013 , ch. 26, § 1, eff. 7/1/2013.