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NOTE: Dates reflect any modification to item, not necessarily a change in law.
Chapter 488
- ELECTRONIC FUNDS TRANSFERS
Section 488.6 ‑ Terminals, facilities, or functions to which act inapplicable.
Section 488.7 ‑ Funds transfer facility on merchant's premises; establishment, ownership, or operation; access to, connection to, or use of facility; reasonable fees; nondiscrimination; additional facilities; equality of fees.
Section 488.8 ‑ Funds transfer facility; reliable service; protection of privacy; safety and soundness of funds; compliance with antitrust laws.
Section 488.10 ‑ Electronic funds transfer terminals; number; availability; transfer of funds into deposit acccount.
Section 488.11 ‑ Funds transmission facility; establishment, operation, or availability; exemption of internal computer system.
Section 488.12 ‑ Providing information about customer's deposit account or customer's transaction; furnishing credit information; verifications; liability for violation.
Section 488.13 ‑ Issuance of card or means of access to customer's account; requirements.
Section 488.14 ‑ Liability for unauthorized use of account; proof; “customer negligence” defined; failure to notify depository financial institution of unauthorized use; reporting lost means of access or violation of security.
Section 488.15 ‑ Notification of electronic fund transfer error; investigation; report; notification requirements; requirements of report to customer; meaning of electronic fund transfer error; placing hold on funds in account; closing account; report; correction resulting in credit to account; crediting account with interest.
Section 488.16 ‑ Reversal of electronic fund transfer and recrediting customer's account; requirements; “normal business hours” defined.
Section 488.17 ‑ Receipt evidencing electronic fund transfer; time; costs.
Section 488.18 ‑ Statement of customer's account; frequency; contents.
Section 488.19 ‑ Written agreement of terms and conditions governing account; time; contents.
Section 488.20 ‑ Options to promote security of electronic fund transfers.
Section 488.22 ‑ Monitoring and analyzing developments within field of electronic fund transfers; report; effecting provisions of section.
Section 488.23 ‑ Restraining trade or engaging in anticompetitive practices.
Section 488.26 ‑ Application of state or federal statute to credit or deposit account relationships.
Section 488.27 ‑ Unjust denial of access; unfairly discriminatory sharing requirements; arbitration; judgment; redress in circuit court.
Section 488.28 ‑ Violation injurious to business or property; action for treble damages, costs, and attorneys' fees.