as introduced - 83rd Legislature (2003 - 2004) Posted on 12/15/2009 12:00am
|Introduction||Posted on 03/17/2003|
1.1 A bill for an act 1.2 relating to commerce; regulating the issuance of 1.3 financial transaction cards; proposing coding for new 1.4 law in Minnesota Statutes, chapter 325G. 1.5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.6 Section 1. [325G.025] [ISSUANCE OF FINANCIAL TRANSACTION 1.7 CARDS.] 1.8 A financial transaction card must not be issued except in 1.9 response to a request or an application for the card. This 1.10 prohibition does not apply to the issuance of a financial 1.11 transaction card in renewal of, or in substitution for, a card 1.12 accepted pursuant to section 325G.03.