| Last Action | posted in committee |
|---|---|
| Title | AN ACT relating to merchant account contracting. |
| Bill Documents |
Bill
|
| Bill Request Number | 1041 |
| Sponsor | J. Higdon |
| Summary of Original Version | Establish Subtitle 12 of KRS Chapter 286 to define terms relating to merchant account debit and credit card contracts with credit card companies, financial institutions and card processors; provide that the merchant's account contract terms prevail; require that a credit card company, financial institution or card processor not restrict the merchant's right to disclose the rules and rates of the contract; and establish penalties for violation. |
| Index Headings of Original Version |
Banks and Financial Institutions - Merchant account contracts Banks and Financial Institutions - Debit and credit cards Civil Actions - Financial institution penalty Contracts - Merchant account with financial institution |
| 02/11/08 |
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|---|---|
| 02/12/08 |
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| 03/03/08 |
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Last updated: 8/28/2019 8:09 AM (EDT)