CHAPTER 505. USE OF ZIP CODE TO VERIFY CUSTOMER'S IDENTITY
BUSINESS AND COMMERCE CODE
TITLE 11. PERSONAL IDENTITY INFORMATION
SUBTITLE A. IDENTIFYING INFORMATION
CHAPTER 505. USE OF ZIP CODE TO VERIFY CUSTOMER'S IDENTITY
Sec. 505.001. DEFINITIONS. In this chapter:
(1) "Credit card" means a card or device issued under an
agreement by which the issuer gives to a cardholder the right to
obtain credit from the issuer or another person.
(2) "Credit card issuer" means a lender, including a financial
institution, or a merchant that receives applications and issues
credit cards to individuals.
Added by Acts 2009, 81st Leg., R.S., Ch.
87, Sec. 4.010(a), eff. September 1, 2009.
Sec. 505.002. USE OF ZIP CODE TO VERIFY IDENTITY IN CREDIT CARD
TRANSACTION. (a) A business may require a customer who
purchases a good or service from the business using a credit card
to provide the customer's zip code to verify the customer's
identity as provided by Subsection (b).
(b) A business that obtains a customer's zip code under
Subsection (a) may electronically verify with the credit card
issuer that the zip code matches any zip code that the credit
card issuer has on file for the credit card.
Added by Acts 2009, 81st Leg., R.S., Ch.
87, Sec. 4.010(a), eff. September 1, 2009.
Sec. 505.003. RETENTION OF ZIP CODE PROHIBITED. A business that
obtains a customer's zip code under Section 505.002 may not
retain the zip code in any form after the purchase of the good or
service has been completed.
Added by Acts 2009, 81st Leg., R.S., Ch.
87, Sec. 4.010(a), eff. September 1, 2009.