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Can you summarize KYRS 434.560?
OFFENSES AGAINST PROPERTY BY FRAUD > Definitions for KRS 434.550 to 434.730.
Short Summary
The provided legal document content defines various terms used in KRS 434.550 to 434.730, which govern offenses against property by fraud in Kentucky. It provides definitions for terms such as ‘automated banking device,’ ‘cardholder,’ ‘credit card,’ ‘debit card,’ ‘E.F.T. system,’ ‘merchant,’ ‘issuer,’ ‘payment card,’ ‘presentation or presents,’ ‘receives,’ ‘reencoder,’ ‘revoked credit card,’ ‘revoked debit card,’ and ‘scanning device.’ These definitions clarify the scope and application of the provisions in KRS 434.550 to 434.730, which primarily pertain to credit and debit card transactions and related fraudulent activities. The document does not mention specific penalties for non-compliance or violations. It applies to various entities involved in such transactions, including cardholders, issuers, merchants, participating parties, and reencoders.
Whom does it apply to?
The provisions of KRS 434.550 to 434.730 apply to individuals and organizations involved in credit and debit card transactions, including cardholders, issuers, merchants, participating parties, and reencoders.
What does it govern?
KRS 434.550 to 434.730 govern offenses against property by fraud in Kentucky.
What are exemptions?
No exemptions are mentioned in the provided legal document content.
What are the Penalties?
Specific penalties for non-compliance or violation of the provisions in KRS 434.550 to 434.730 are not mentioned in the provided legal document content.
Jurisdiction
Kentucky