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Can you summarize 42 CTGS Chapter 743u?
Business, Selling, Trading and Collection Practices - Chapters 731 to 747 (Secs. 42-1 to 42-901) > Miscellaneous Consumer Cards - Secs. 42-370 to 42-389
Short Summary
The provided legal document content consists of two sections of the General Statutes of Connecticut. The first section governs prepaid calling cards and requires prepaid calling card companies to disclose certain information to consumers at the time of sale. This includes surcharges or fees, rounding of time used, application fees, restrictions on use, and a toll-free consumer assistance telephone number. The Commissioner of Consumer Protection has the authority to adopt additional regulations regarding consumer disclosures. Violation of this section is considered an unfair or deceptive practice. The second section governs the use of consumer discount cards and prohibits retailers from selling, leasing, or relinquishing consumer information obtained through the use of discount cards, unless certain conditions are met. These conditions include providing prior written notice to the consumer, offering the consumer the option to prevent the sale or lease of their information, and the consumer not exercising that option. The section does not supersede the federal Fair Credit Reporting Act. There are exemptions for certain types of information sharing, such as with credit rating agencies or entities involved in promotional offers or billing statements. Violations of this section are considered unfair or deceptive trade practices. No specific penalties are mentioned in these documents.
Whom does it apply to?
Prepaid calling card companies, retailers
What does it govern?
Prepaid calling cards, consumer discount cards
What are exemptions?
Exemptions for certain types of information sharing
What are the Penalties?
Violation of this section is considered an unfair or deceptive practice, violations of this section are considered unfair or deceptive trade practices
Jurisdiction
Connecticut