§32A-2-17. Cooperative agreements; inconsistencies with federal law.

(a) The commissioner shall cooperate with federal and state agencies in discharging the commissioner's responsibilities under this article. The commissioner may:

(1) Arrange for the exchange of information among government officials concerning the regulation of a currency exchange, transportation, or transmission business;

(2) Cooperate in and coordinate training programs concerning the regulation of currency exchange, transportation, or transmission businesses; and

(3) Assist state and federal agencies in their enforcement and investigatory activities and supply those agencies with documentation and information.

(b) The commissioner may request the assistance of the State Police in enforcing this article.

(c) In the event state money transmission jurisdiction is conditioned on a federal law, any inconsistencies between any provision of this article and the federal law governing money transmission shall be governed by the applicable federal law to the extent of the inconsistency.

(d) In the event of any inconsistencies between this article and a federal law that governs pursuant to subsection (c) of this section, the commissioner may provide interpretive guidance that:

(1) Identifies the inconsistency; and

(2) Identifies the appropriate means of compliance with federal law.