Legislation
SECTION 521
Definitions
General Business (GBS) CHAPTER 20, ARTICLE 29-AAA
§ 521. Definitions. As used in this article:
1. "Consumer" means a natural person.
2. "Subscriber" means a consumer who is solicited to purchase or who
purchases the services of a credit card registration service.
3. "Person" means any individual, firm, partnership, corporation,
association or other legal entity.
4. "Credit card registration service" means any person who provides to
subscribers for a fee services including, but not limited to, any of the
following: maintenance of a registry of credit cards or access devices
owned by a subscriber; notification on behalf of a subscriber to card
issuers or financial institutions that any of a subscriber's credit
cards or access devices have been lost or stolen; assistance to a
subscriber in obtaining new cards or access devices when the
subscriber's cards or access devices have been lost or stolen; and
notification on behalf of a subscriber to card issuers or financial
institutions that a subscriber's address has changed. If a person
contracts with another for the other to provide credit card registration
services, the actual provider of the service and not the offeror of the
service shall be deemed to be the credit card registration service and
subject to the provisions of this article.
5. "Credit card" means and includes any credit card, credit plate,
charge plate, courtesy card, or other identification card or device
which may be used to obtain a cash advance or a loan or credit or to
purchase or lease property or services on the credit of the issuer or of
the holder.
6. "Access device" means a card, code, or other means of access to a
consumer's account, or any combination thereof, that may be used by the
consumer for the purpose of initiating electronic fund transfers.
7. "Contract for services" means a contract between a subscriber and a
credit card registration service under which the credit card
registration service agrees to provide to a subscriber for a fee any of
its services.
1. "Consumer" means a natural person.
2. "Subscriber" means a consumer who is solicited to purchase or who
purchases the services of a credit card registration service.
3. "Person" means any individual, firm, partnership, corporation,
association or other legal entity.
4. "Credit card registration service" means any person who provides to
subscribers for a fee services including, but not limited to, any of the
following: maintenance of a registry of credit cards or access devices
owned by a subscriber; notification on behalf of a subscriber to card
issuers or financial institutions that any of a subscriber's credit
cards or access devices have been lost or stolen; assistance to a
subscriber in obtaining new cards or access devices when the
subscriber's cards or access devices have been lost or stolen; and
notification on behalf of a subscriber to card issuers or financial
institutions that a subscriber's address has changed. If a person
contracts with another for the other to provide credit card registration
services, the actual provider of the service and not the offeror of the
service shall be deemed to be the credit card registration service and
subject to the provisions of this article.
5. "Credit card" means and includes any credit card, credit plate,
charge plate, courtesy card, or other identification card or device
which may be used to obtain a cash advance or a loan or credit or to
purchase or lease property or services on the credit of the issuer or of
the holder.
6. "Access device" means a card, code, or other means of access to a
consumer's account, or any combination thereof, that may be used by the
consumer for the purpose of initiating electronic fund transfers.
7. "Contract for services" means a contract between a subscriber and a
credit card registration service under which the credit card
registration service agrees to provide to a subscriber for a fee any of
its services.