Massachusetts Statutes

§ 6 — Consumer access to electronic fund transfer

Massachusetts·Part I ADMINISTRATION OF THE GOVERNMENT·Title XXII CORPORATIONS·Ch. 167B ELECTRONIC BRANCHES AND ELECTRONIC FUND TRANSFERS

Section 6. A person shall not issue to a consumer an access device to the consumer's account for the purpose of initiating an electronic fund transfer other than:

(1)in response to a request or application therefor and upon verification of the consumer's identity, which may be by any reasonable means such as by photograph, fingerprint, personal visit, signature comparison or appropriate non-documentary means; or (2) as a renewal of, or in substitution for, an accepted access device, whether issued by the initial issuer or a successor.

Free access — add to your briefcase to read the full text and ask questions with AI

Massachusetts § 6 (Consumer access to electronic fund transfer) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

2
View on official source ↗