26-3001. TITLE AND SCOPE. (1) This chapter shall be known and cited as the "University Debit Card Act." (2) This chapter is intended to grant authority to and set forth the terms and conditions under which colleges and universities located in Idaho may offer debit card programs to their student bodies, faculty and staff. History: […]
26-3002. DEFINITIONS. As used in this chapter and unless the context otherwise requires: (1) "Debit card transaction" means the purchase of either goods or services, or both, whereby payment is made through the means of a point of sale or other payment system maintained by the college or university which results in a charge to […]
26-3003. DEBIT CARD AUTHORITY AND BOND. (1) Any college or university located in Idaho may make available to its student body and to members of its faculty and staff a university debit card program. A debit card transaction may be used only to purchase goods or services from the college or university or through its […]
26-3004. EXEMPTION FROM BANK ACT AND PROHIBITIONS. A college or university offering a debit card program under the provisions of this chapter shall not be considered to be a bank or to be doing banking business as those terms are defined in section 26-106, Idaho Code. Provided however, that a college or university located in […]
