Prohibiting a specified services agreement between a credit card processor and a business entity from including a specified provision authorizing liquidated damages or specifying a fee for the termination of a services agreement that exceeds $99; prohibiting a credit card processor who has received a specified termination notice from debiting or accessing the bank account of a specified business entity after a specified period of time; authorizing the Commissioner of Financial Regulation to take specified actions; etc.
Bill File Type: Regular
Effective Date(s): October 1, 2017
( 12-1401 through 12-1404 )
Last Updated: 2/3/2020 2:35 PM