Timely transmission [For application of this section, see 85 Del. Laws, c. 338, § 3].

§ 2327. Timely transmission [For application of this section, see 85 Del. Laws, c. 338, § 3]. (a) Every licensee shall forward all money received for transmission in accordance with the terms of the agreement between the licensee and the sender unless the licensee has a reasonable belief or a reasonable basis to believe that the sender may be a victim of fraud or that a crime or violation of law, rule, or regulation has occurred, is occurring, or may occur. (b) If a licensee fails to forward money received for transmission in accordance with this section, the licensee shall respond to inquiries by the sender with the reason for the failure unless providing a response would violate a state or federal law, rule, or regulation.5 Del. C. 1953, § 2312; 58 Del. Laws, c. 421; 70 Del. Laws, c. 186, § 1; 71 Del. Laws, c. 19, § 74; 85 Del. Laws, c. 338, § 2;