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Can you summarize MTCO 30-14-1721?
Impediment of Identity Theft > Identity theft impediments -- credit cards -- definition
Short Summary
This legal document, part of the Montana Code on Unfair Trade Practices and Consumer Protection, addresses identity theft impediments related to credit cards. It outlines several provisions to protect against unauthorized use and address changes. Credit card issuers are required to verify address changes when receiving completed applications with different addresses. If the issuer fails to verify the change of address, the person who received the offer or solicitation is not liable for unauthorized credit card use, unless proven otherwise. Additionally, if a cardholder requests a change of billing address and subsequently requests an additional credit card within 10 days, the issuer must verify the address change before mailing or activating the additional card. The document also restricts the printing of credit card account numbers and expiration dates on receipts, with exceptions for handwritten or imprinted transactions. The provisions regarding receipt printing apply to specific dates depending on the use of electronic receipt-printing devices. The definition of ‘credit card’ is provided, along with exceptions for certain credit devices used for telephone services or petroleum products primarily for business purposes. No specific penalties are mentioned in this document.
Whom does it apply to?
Credit card issuers, persons receiving credit card offers or solicitations, and businesses accepting credit cards for transactions
What does it govern?
Identity theft impediments related to credit cards
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No penalties are mentioned.
Jurisdiction
Montana