Can I collect credit card information from participants in South Dakota? What are the requirements?

Based on the context documents, there are no specific laws or regulations in South Dakota that prohibit collecting credit card information from participants. However, it is important to note that the use of credit cards is regulated by SDCL 54-11-1, which defines credit cards and accepted credit cards, and SDCL 54-11-9, which establishes a binding contract between the cardholder and the card issuer. Additionally, SDCL 54-11-4 prohibits the unsolicited issuance of credit cards.

If you plan to collect credit card information from participants, it is recommended that you comply with the requirements set forth in these laws. Specifically, you should ensure that participants have requested and received the credit card, identification card, or device, and that they have authorized its use for the purpose of obtaining money, property, checks, travelers checks, money orders, labor, or services on credit. You should also establish a binding contract with the cardholder and ensure that the card is not issued unsolicited.

It is important to note that there may be other laws and regulations that apply to the collection of credit card information, such as data privacy laws. You should consult with a legal professional to ensure that you are in compliance with all applicable laws and regulations.

In summary, there are no specific laws or regulations in South Dakota that prohibit collecting credit card information from participants. However, it is recommended that you comply with the requirements set forth in SDCL 54-11-1 and SDCL 54-11-9, and consult with a legal professional to ensure compliance with all applicable laws and regulations.

Jurisdiction

South Dakota

• Privacy