West Virginia § 31A-2B-7 Use of protected financial information for discriminatory purpose

West Virginia Statutes

§ 31A-2B-7 — Use of protected financial information for discriminatory purpose

West Virginia § 31A-2B-7

Ch. 31ABANKS AND BANKING

Art. 2BTHE SECOND AMENDMENT FINANCIAL PRIVACY ACT

This text of West Virginia § 31A-2B-7 (Use of protected financial information for discriminatory purpose) is published on Counsel Stack Legal Research, covering West Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

W. Va. Code § 31A-2B-7 (2026).

Text

A financial institution may not use a firearms code to engage in the following discriminatory conduct:

(1)Declining a lawful payment card transaction based on the assignment of a firearms code to the merchant or transaction;

(2)Limiting or declining to do business with a customer, potential customer, or merchant based on the assignment of a firearms code to previous lawful transactions involving the customer, potential customer, or merchant;

(3)Charging a higher transaction or interchange fee to any merchant or for a lawful transaction, as compared to the fee charged to a similarly situated merchant or for a similar transaction, based on the assignment of a firearms code; or

(4)Otherwise taking any action against a customer or merchant that is intended to suppress lawful commerce i

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A financial institution may not use a firearms code to engage in the following discriminatory conduct:

(1) Declining a lawful payment card transaction based on the assignment of a firearms code to the merchant or transaction;

(2) Limiting or declining to do business with a customer, potential customer, or merchant based on the assignment of a firearms code to previous lawful transactions involving the customer, potential customer, or merchant;

(3) Charging a higher transaction or interchange fee to any merchant or for a lawful transaction, as compared to the fee charged to a similarly situated merchant or for a similar transaction, based on the assignment of a firearms code; or

(4) Otherwise taking any action against a customer or merchant that is intended to suppress lawful commerce involving firearms, firearm accessories or components, or ammunition.