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Can you summarize NYCL GBS Article 29-B?
General Business > Prohibited Credit Card Practices Involving Providers of Travel Services
Short Summary
This legal document governs the prohibited credit card practices involving providers of travel services. It applies to every person, firm, or corporation engaged in the business of furnishing travel, transportation, or vacation services. The document defines ’travel services’ as public transportation, public accommodations in hotels, motels or motor courts, rental of motor vehicles, or any other service related to travel. It also defines ‘provider of travel services’ as every person, firm, or corporation engaged in the business of furnishing travel, transportation, or vacation services. Additionally, the document defines ’travel agent’ as any person, firm, corporation, partnership, or association that is an officially appointed agent of a common carrier or a registered member of the Cruise Lines International Association and operates exclusively as an agent for cruise lines in the sale of cruise travel products or services. The document further defines ‘consumer’ as a natural person, and ‘credit card’ and ‘issuer’ as having the same meanings as in article twenty-nine-A of this chapter. The document outlines several unlawful practices that providers of travel services must refrain from. These include communicating with a credit card issuer to reserve or set aside any specified amount of credit in a consumer’s credit card account without informing the consumer and obtaining their consent, reserving or setting aside an amount of credit in excess of the agreed-upon cost of services without informing the consumer in writing and obtaining their written consent, promptly communicating with a credit card issuer to release any excess reserved credit, and imposing a surcharge on a travel agent who facilitates the use of a credit card on behalf of a credit card holder. The attorney general may bring an action to restrain or prevent any violation of this article.
Whom does it apply to?
Every person, firm, or corporation engaged in the business of furnishing travel, transportation, or vacation services
What does it govern?
Prohibited credit card practices involving providers of travel services
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
The attorney general may bring an action in the name of the people of the state to restrain or prevent any violation of this article or any continuance of any such violation.
Jurisdiction
New York