money forwarder [transmitter] and issuer of money orders and travelers checks

No person shall engage in the business of issuing Connecticut instruments, or engage in the business of receiving money for transmitting the same, without first obtaining a license from the commissioner as provided in section 36a-600. No person shall engage in such business or in the business of selling Connecticut instruments as an agent or subagent, except as an agent or subagent of a licensee as provided in section 36a-607. "Money order" means any check, draft, money order or other instrument for the transmission or payment of money. "Money order" does not include a travelers check or electronic payment instrument. "Travelers check" means an instrument for the payment of money that contains a provision for a specimen signature of the purchaser to be completed at the time of a purchase of the instrument and a provision for a countersignature of the purchaser to be completed at the time of negotiation.