Special credit card provisions.

CFR · 2024-01-01 · US · Title 12

(a) (1) In response to an oral or written request or application for the card; or (2) As a renewal of, or substitute for, an accepted credit card. (b) (ii) (2) (i) The credit card is an accepted credit card; (ii) The card issuer has provided adequate notice (iii) The card issuer has provided a means to identify the cardholder on the account or the authorized user of the card. (3) (4) (5) (c) (2) (3) (A) The cardholder has made a good faith attempt to resolve the dispute with the person honoring the credit card; and (B) The amount of credit extended to obtain the property or services that result in the assertion of the claim or defense by the cardholder exceeds $50, and the disputed transaction occurred in the same state as the cardholder's current designated address or, if not within the same state, within 100 miles from that address. (ii) (A) Is the same person as the card issuer; (B) Is controlled by the card issuer directly or indirectly; (C) Is under the direct or indirect control of a third person that also directly or indirectly controls the card issuer; (D) Controls the card issuer directly or indirectly; (E) Is a franchised dealer in the card issuer's products or services; or (F) Has obtained the order for the disputed transaction through a mail solicitation made or participated in by the card issuer. (d) (2) This paragraph does not alter or affect the right of a card issuer acting under state or federal law to do any of the following with regard to funds of a cardhol

official document · source cfr-2024 · id 12:§ 226.12