§ 47-22-302. Records That Are Considered Records of Regularly Conducted Activity for Evidentiary Purposes
A creditor’s records shall include, but are not limited to, written or electronic records of an original creditor, issuer, or succeeding creditor that have been acquired by the creditor through a contractual agreement, an account purchase transaction or assignment in the creditor’s regularly conducted business and such records are: Incorporated as a business duty into […]
§ 47-22-401. Part Definitions
As used in this part: “Agreement” means a contract to provide payment services; “Bank holding company”: Has the same meaning as defined in 12 U.S.C. § 1841; Includes any subsidiaries or affiliates, as defined in 12 U.S.C. § 1841, of a bank holding company; and Includes any federal credit union or state credit union, as […]
§ 47-22-402. Information Required to Be Provided by Payment Acquirer Contracting Directly With Merchant to Provide Payment Services
Any payment acquirer that contracts directly with a merchant to provide payment services shall: Provide the merchant with information indicating where the merchant may obtain access to the operating rules, regulations, and bylaws applicable under the agreement with the merchant; provided, however, nothing in this subdivision (1) shall require access by the merchant to information […]
§ 47-22-403. Remedies of Merchant for Noncompliance by Payment Acquirer
If a payment acquirer fails to comply with § 47-22-402, the merchant may terminate the agreement; provided, however, prior to terminating the agreement, the merchant shall provide the payment acquirer written notice of the payment acquirer’s failure to comply with § 47-22-402. The notice required by this subsection (a) shall specify the information the merchant […]
§ 47-22-404. Information to Be Included in Contract Between Payment Processor and Merchant Leasing Payment Card Processing Devices
Except as otherwise provided in subsection (b), any person that contracts with a merchant to lease a device that enables credit card, debit card, or other payment card processing shall ensure that the written contract between the payment processor and merchant clearly and conspicuously includes the following information: The cost to lease the device on […]
§ 47-22-405. Termination by Merchant for Noncompliance With § 47-22-404
If a person fails to comply with § 47-22-404, the merchant may terminate the contract with the person to lease a device that enables credit card, debit card, or other payment card processing.
§ 47-22-102. Unsolicited Credit Card — Effect
If an unsolicited credit card is issued to any person in this state, such person shall not be deemed as having accepted the credit card and being subject to the terms of the agreement governing the use of the credit card, and shall not be liable for its unauthorized use by failing to return the […]
§ 47-22-103. Unauthorized Use of Credit Card — Liability
Any person who has assumed liability for a credit card, either by authorizing its issuance, or as provided in § 47-22-102, and who exercises reasonable care in its use and safekeeping, shall not be liable for the unauthorized use of such card. “Reasonable care” within the meaning of this section requires the person to whom […]
§ 47-22-104. Payment by Check — Identification — Use of Credit Card Information — When Prohibited — When Permissible — Damages
As used in this section, “person” means any individual, corporation, partnership or association. Except as otherwise provided in subsection (e), no person shall, as a means of identification or for any other purpose, require that a person produce a credit card number for recordation or record a credit card number in connection with: A sale […]
§ 47-22-201. Part Definitions
As used in this part, unless the context otherwise requires: “Account” means the account between a card issuer and one (1) or more cardholders reflecting the outstanding balance of card transactions; “Account agreement” means the contract between the card issuer and the cardholder(s) governing the parties’ respective rights and obligations respecting the account and transactions […]