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Can I collect debit card information from participants in Missouri? What are the requirements?
Based on the information provided in the context documents, it is not clear whether you can collect debit card information from participants in Missouri. The documents do not provide any specific information regarding the collection of debit card information. However, it is important to note that any electronic fund transfer system used by an association in Missouri must comply with the Electronic Fund Transfer Act and Regulation E of the Federal Reserve Board [4.1]. It is recommended that you consult with a legal professional to ensure compliance with all applicable laws and regulations.
Unfortunately, the context documents do not provide any additional information regarding the collection of debit card information from participants in Missouri. Therefore, it is recommended that you consult with a legal professional to ensure compliance with all applicable laws and regulations.
Source(s):
Jurisdiction
Missouri