AZ SB1408

Amends Arizona's money transmitter licensing law (A.R.S. § 6-1201) to update federal regulatory references from 31 CFR § 103.11 to 31 CFR § 1010.100 and makes corresponding technical corrections.

Updates money transmitter reporting requirements in A.R.S. § 6-1241 to reference current federal regulations under 31 CFR Chapter X instead of outdated provisions.

Modifies money laundering statutes in A.R.S. § 13-2317 to align state law with updated federal regulatory citations and clarifies definitions related to financial institutions and money transmitters.

Updates definitional references in A.R.S. § 13-2301 concerning racketeering and financial institutions to use current federal regulatory standards under 31 CFR § 1010.100.