Ask Reggi Your Question Now
Reggi is the free generative AI assistance for regulatory compliance
Can you summarize IDST 18-3125A?
FALSE PRETENSES, CHEATS AND MISREPRESENTATIONS > UNAUTHORIZED FACTORING OF CREDIT CARD SALES DRAFTS.
Short Summary
It is unlawful for any person to knowingly and with intent to defraud, employ, solicit or otherwise cause an authorized credit card merchant, or for the authorized credit card merchant itself, to present to the issuer for payment any credit card sales draft pertaining to any sale or purported sale of goods or services which was not made by such authorized credit card merchant in the ordinary course of business, except with the express authorization of the issuer. History: [18-3125A, added 1991, ch. 331, sec. 4, p. 858.]
Jurisdiction
Idaho