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Can you summarize Chapter 19.395 WARC?
BUSINESS REGULATIONSMISCELLANEOUS > Stolen payment cards.
Short Summary
The provided legal document content governs the reporting and assistance requirements for financial institutions that issue payment cards. It mandates that these institutions must list a phone number on their website for cardholders and merchants to report suspected incidents of fraud or stolen payment cards. Additionally, they are required to have employees or contractors available during business hours to provide assistance regarding such incidents. The use of automated systems is not allowed as a substitute for live assistance. The term ‘payment cards’ is defined in RCW 9A.56.280. These requirements apply to financial institutions that issue payment cards, as well as cardholders and merchants. The document does not mention any specific exemptions or penalties for non-compliance or violation of its provisions.
Whom does it apply to?
Financial institutions that issue payment cards, cardholders, and merchants
What does it govern?
Reporting and assistance requirements for financial institutions that issue payment cards
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No specific penalties are mentioned.
Jurisdiction
Washington