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Chapter 256
Section 256.9863
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Recent History
This is an historical version of this statute chapter. Also view the most recent published version.
256.9863 ASSISTANCE TRANSACTION CARD; RECEIPT OF BENEFITS.
Any person in whose name an assistance transaction card has been issued shall be presumed
to have received the benefit of all transactions involving that card. This presumption applies in
all situations unless the card in question has been reported lost or stolen by the cardholder. This
presumption may be overcome by a preponderance of evidence indicating that the card was neither
used by nor with the consent of the cardholder. Overcoming this presumption does not create any
new or additional payment obligation not otherwise established in law, rule, or regulation.
History: 1997 c 85 art 5 s 19
Any person in whose name an assistance transaction card has been issued shall be presumed
to have received the benefit of all transactions involving that card. This presumption applies in
all situations unless the card in question has been reported lost or stolen by the cardholder. This
presumption may be overcome by a preponderance of evidence indicating that the card was neither
used by nor with the consent of the cardholder. Overcoming this presumption does not create any
new or additional payment obligation not otherwise established in law, rule, or regulation.
History: 1997 c 85 art 5 s 19
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Revisor of Statutes