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Can you summarize MSCO 97-19-55?
False Pretenses and Cheats > Bad checks, electronically converted checks or electronic commercial debits and insufficient funds.
Short Summary
This legal document, governed by the Mississippi Code 1972, Crimes, False Pretenses and Cheats, prohibits any person with fraudulent intent from making, drawing, issuing, uttering, delivering, or authorizing any check, draft, electronically converted check, or electronic commercial debit to obtain money, delivery of other valuable property, services, the use of property or credit extended by any licensed gaming establishment drawn on any real or fictitious bank, corporation, firm or person. The document defines various terms such as ‘check’, ‘credit’, ’electronically converted check’, ’electronic commercial debit’, ‘payor’, ‘payee’, ‘payor bank’, and ‘payee bank’. It also provides historical information, judicial decisions, and opinions of the Attorney General related to the document. The penalties for non-compliance or violation of the document’s provisions are not specified.
Whom does it apply to?
Any person with fraudulent intent
What does it govern?
Making, drawing, issuing, uttering, delivering, or authorizing any check, draft, electronically converted check, or electronic commercial debit to obtain money, delivery of other valuable property, services, the use of property or credit extended by any licensed gaming establishment drawn on any real or fictitious bank, corporation, firm or person
What are exemptions?
This definition does not include a consumer transaction governed by the Federal Electronic Fund Transfer Act (15 USC Section 1693 et seq.) and its implementing Regulation E (12 CFR Part 205) or a credit transaction governed by Section 75-4A-101 et seq., Mississippi Code of 1972.
What are the Penalties?
Not specified.
Jurisdiction
Mississippi