Minnesota Legislature
HF 628
as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am
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A bill for an act
relating to consumer protection; regulating consumer purchases by credit card;
requiring verification of buyer's identity; proposing coding for new law in
Minnesota Statutes, chapter 325F.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1.
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[325F.983] CONSUMER PURCHASES BY CREDIT CARD;
VERIFICATION OF BUYER'S IDENTITY.
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new text begin Subdivision 1. new text end
new text begin Face-to-face transactions; photo identification required. new text end
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Except
as otherwise provided in subdivision 2, a person may not accept a credit card as payment
for consumer credit, goods, or services unless the person has verified the buyer's identity
by requiring the buyer to produce a current valid Minnesota driver's license, current valid
Minnesota identification card, a current valid photo identification card issued by another
state or the District of Columbia, or a valid passport.
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new text begin Subd. 2. new text end
new text begin Other transactions; card security code required. new text end
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If a credit card is being
offered as payment for consumer credit, goods, or services and the transaction is occurring
over the Internet, by mail, by fax, or over the telephone, a person may not accept the credit
card as payment unless the buyer also provides the card security code to the person. For
purposes of this subdivision, "card security code" is the three- or four-digit value printed
on the card or the signature strip and includes codes known as the card validation code
(CVC2), card verification value (CVV2), and card identification number (CID).
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new text begin Subd. 3. new text end
new text begin Attorney general enforcement. new text end
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This section may be enforced by the
attorney general pursuant to section 8.31. The attorney general may recover costs and
disbursements, including costs of investigations and reasonable attorney fees.
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