Requiring a credit card processor to send a services agreement summary to businesses with whom it has, or intends to have, a services agreement; requiring a business to acknowledge a services agreement by signing, dating, and returning a copy of the summary of the services agreement to the credit card processor; requiring a credit card processor to provide written notice regarding a services agreement renewal 90 days before a business entity must cancel the agreement to prevent automatic renewal; applying the Act; etc.
Bill File Type: Regular
Effective Date(s): October 1, 2018
( 12-1401 through 12-1405 )
Last Updated: 2/3/2020 2:33 PM