16-842.Liability of credit cardholder for unauthorized use, when;
actions for enforcement of liability.
(a) A cardholder shall be liable for the unauthorized use of a credit
card only if the card is an accepted credit card, the liability is not in
excess of $50, the card issuer gives adequate notice to the cardholder of
the potential liability and the unauthorized use
occurs before the cardholder has notified the card issuer that an
unauthorized use of the credit card has occurred or may occur as the result
of loss, theft or otherwise. The card issuer shall provide a telephone
number to be called by the cardholder in the event of loss or theft of the
credit card. Notwithstanding the foregoing, no cardholder
shall be liable for the unauthorized use of any credit card which was
issued on or after the effective date of this section, and, after the
expiration of 12 months following such effective date, no cardholder
shall be liable for the unauthorized use of any credit card regardless of
the date of its issuance, unless: (1) The conditions of liability specified
in the preceding sentence are met; and (2) the card issuer has provided a
method whereby the user of such card can be identified as the person
authorized to use it. For the purposes of this section, a cardholder
notifies a card issuer by taking such steps as may be reasonably required
in the ordinary course of business to provide the card issuer with the
pertinent information whether or not any particular officer, employee or
agent of the card issuer does in fact receive such information.
(b) In any action by a card issuer to enforce liability for the use of a
credit card, the burden of proof is upon the card issuer to show that the
use was authorized or, if the use was unauthorized, then the burden of
proof is upon the card issuer to show that the conditions of liability for
the unauthorized use of a credit card, as set forth in subsection (a), have
been met.
(c) Nothing in this section imposes liability upon a cardholder for the
unauthorized use of a credit card in excess of the cardholder's
liability for such use
under other applicable law or under any agreement with the card issuer.
(d) Except as provided in this section, a cardholder incurs no liability
from the unauthorized use of a credit card.
History: L. 1972, ch. 209, § 2; L. 1983, ch. 78, § 1; July 1.
16-842.Liability of credit cardholder for unauthorized use, when;
actions for enforcement of liability.
(a) A cardholder shall be liable for the unauthorized use of a credit
card only if the card is an accepted credit card, the liability is not in
excess of $50, the card issuer gives adequate notice to the cardholder of
the potential liability and the unauthorized use
occurs before the cardholder has notified the card issuer that an
unauthorized use of the credit card has occurred or may occur as the result
of loss, theft or otherwise. The card issuer shall provide a telephone
number to be called by the cardholder in the event of loss or theft of the
credit card. Notwithstanding the foregoing, no cardholder
shall be liable for the unauthorized use of any credit card which was
issued on or after the effective date of this section, and, after the
expiration of 12 months following such effective date, no cardholder
shall be liable for the unauthorized use of any credit card regardless of
the date of its issuance, unless: (1) The conditions of liability specified
in the preceding sentence are met; and (2) the card issuer has provided a
method whereby the user of such card can be identified as the person
authorized to use it. For the purposes of this section, a cardholder
notifies a card issuer by taking such steps as may be reasonably required
in the ordinary course of business to provide the card issuer with the
pertinent information whether or not any particular officer, employee or
agent of the card issuer does in fact receive such information.
(b) In any action by a card issuer to enforce liability for the use of a
credit card, the burden of proof is upon the card issuer to show that the
use was authorized or, if the use was unauthorized, then the burden of
proof is upon the card issuer to show that the conditions of liability for
the unauthorized use of a credit card, as set forth in subsection (a), have
been met.
(c) Nothing in this section imposes liability upon a cardholder for the
unauthorized use of a credit card in excess of the cardholder's
liability for such use
under other applicable law or under any agreement with the card issuer.
(d) Except as provided in this section, a cardholder incurs no liability
from the unauthorized use of a credit card.
History: L. 1972, ch. 209, § 2; L. 1983, ch. 78, § 1; July 1.
16-842.Liability of credit cardholder for unauthorized use, when;
actions for enforcement of liability.
(a) A cardholder shall be liable for the unauthorized use of a credit
card only if the card is an accepted credit card, the liability is not in
excess of $50, the card issuer gives adequate notice to the cardholder of
the potential liability and the unauthorized use
occurs before the cardholder has notified the card issuer that an
unauthorized use of the credit card has occurred or may occur as the result
of loss, theft or otherwise. The card issuer shall provide a telephone
number to be called by the cardholder in the event of loss or theft of the
credit card. Notwithstanding the foregoing, no cardholder
shall be liable for the unauthorized use of any credit card which was
issued on or after the effective date of this section, and, after the
expiration of 12 months following such effective date, no cardholder
shall be liable for the unauthorized use of any credit card regardless of
the date of its issuance, unless: (1) The conditions of liability specified
in the preceding sentence are met; and (2) the card issuer has provided a
method whereby the user of such card can be identified as the person
authorized to use it. For the purposes of this section, a cardholder
notifies a card issuer by taking such steps as may be reasonably required
in the ordinary course of business to provide the card issuer with the
pertinent information whether or not any particular officer, employee or
agent of the card issuer does in fact receive such information.
(b) In any action by a card issuer to enforce liability for the use of a
credit card, the burden of proof is upon the card issuer to show that the
use was authorized or, if the use was unauthorized, then the burden of
proof is upon the card issuer to show that the conditions of liability for
the unauthorized use of a credit card, as set forth in subsection (a), have
been met.
(c) Nothing in this section imposes liability upon a cardholder for the
unauthorized use of a credit card in excess of the cardholder's
liability for such use
under other applicable law or under any agreement with the card issuer.
(d) Except as provided in this section, a cardholder incurs no liability
from the unauthorized use of a credit card.
History: L. 1972, ch. 209, § 2; L. 1983, ch. 78, § 1; July 1.