Utah Code 13-74-201. Limitations on firearms merchant codes
Current as of: 2024 | Check for updates
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(1) For the processing of a payment card transaction, a financial entity may not assign to a firearms retailer or require a firearms retailer to use the firearms code.
Terms Used In Utah Code 13-74-201
- Fraud: Intentional deception resulting in injury to another.
- State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
(2) For purposes of the sale of a firearm, a firearm accessory or component, ammunition, or reloading supplies, a firearms retailer may not provide the firearms code to a financial entity.
(3) A financial entity may not otherwise classify a firearms retailer separately from general merchandise retailers or sporting goods retailers.
(4) Nothing in this chapter:
(4)(a) limits a financial entity’s ability to:
(4)(a)(i) negotiate with responsible parties; or
(4)(a)(ii) comply with state or federal laws or regulations; or
(4)(b) impairs a financial entity’s activities related to dispute processing, fraud or compliance management, or protecting transaction integrity from concerns related to illegal or suspicious activities, data breaches, or cyber risks.