§ 511. Definitions. In this article, unless the context or subject matter otherwise requires: 1. “Credit card” means and includes any credit card, credit plate, charge plate, courtesy card, or other identification card or device issued by a person to another person which may be used to obtain a cash advance or a loan or […]
§ 511-a. Additional definition. For purposes of this article “credit card” shall also mean any number assigned to a credit card.
§ 512. Limitation of liability for unauthorized use of a credit card or a debit card. A provision which imposes liability upon a holder for a cash advance or loan or for the purchase or lease of property or services obtained by the unauthorized use of a credit card or a debit card shall not […]
§ 513. Injunctive relief. Whenever the attorney general has reason to believe that any violation of this article is a continuous practice, he may apply to the supreme court in any county wherein any such violation occurred for the purpose of restraining and enjoining the continuance of such violations.
§ 514. Defenses. 1. In any action for a cash advance or loan or for the purchase or lease of property or services through the use of a credit card or a debit card, it shall be a defense that such obligation (a) arose out of the unauthorized use of a credit card or a […]
§ 515. Issuance of credit cards. 1. Notwithstanding any other provision of law, no person shall issue a credit card in violation of the provisions of an act of congress entitled “Truth in Lending Act” and the regulations thereunder, as such act and regulations may from time to time be amended. 2. The issuance of […]
§ 516. Improper use of credit cards or debit cards; defense of lawful detention. In any action for false arrest, false imprisonment, unlawful detention, defamation of character, assault, trespass, or invasion of civil rights, brought by any person by reason of having been detained on or in the immediate vicinity of the premises of a […]
§ 517. Statements of account. No agreement between the issuer and the holder shall contain any provision that a statement sent by the issuer to the holder shall be deemed correct unless objected to within a specified period of time. Any such provision is against public policy and shall be of no force or effect.
§ 518. Credit card surcharge prohibited. No seller in any sales transaction may impose a surcharge on a holder who elects to use a credit card in lieu of payment by cash, check, or similar means. Any seller who violates the provisions of this section shall be guilty of a misdemeanor punishable by a fine […]
§ 518-a. Presentment of social security number as condition for accepting a check, traveler’s check, gift certificate, money order or other negotiable instrument in payment of sales transaction prohibited. 1. No seller in any sales transaction shall record on a check, traveler’s check, gift certificate, money order, other negotiable instrument or attachment thereto, a social […]
§ 519. Disclosure by commercial establishments honoring credit cards. 1. Any person who honors credit cards that may be used to purchase or lease property on the credit of the issuer or of the holder and requires a minimum purchase before accepting credit cards or refuses to allow the use of such card on discounted […]
§ 520. Application forms or solicitation for credit cards. Any application form or preapproved written solicitation to enter into a credit card agreement for personal, family, or household purposes which is mailed to an individual residing in this state on or after January first, nineteen hundred eighty-eight, by or on behalf of a issuer, whether […]
§ 520-a. Certain credit and debit card transaction forms required. 1. Any person, firm, partnership, association or corporation which issues forms used for credit or debit card transactions between the credit card or debit card holder and seller, shall only issue such credit or debit card forms, except for such forms utilized for a special […]
§ 520-b. Secured credit cards. 1. If an issuer or any other person uses a 900 telephone number to solicit or market a secured credit card to an individual residing in this state, or otherwise advertises or promotes the availability of a secured credit card through use of a 900 telephone number to an individual […]
§ 520-c. Credit information. 1. The department of financial services shall establish a telephone number and an area on its website, or provide a link on such site to other websites with a toll-free telephone number service at which customers may obtain information on annual percentage rates, annual fees, per-transaction charges, late payment fees, overlimit […]
§ 520-d. Unsolicited convenience checks. 1. As used in this section, the following terms shall have the following meanings: (a) “check” means any negotiable instrument, as defined by section 3-104 of the uniform commercial code, that has imprinted on it the holder’s name and the depository institution’s name, location, and routing number. (b) “unsolicited check” […]
* § 520-e. Grace period for use of credit card reward points. 1. As used in this section, the following terms shall have the following meanings: (a) “credit card points” or “points” shall mean denominated units that can be accumulated in an account in connection with a credit card reward, loyalty, or other incentive program, […]
