1. The Laws of New York
  2. Consolidated Laws
  3. General Business
  4. Article 29-A: Unauthorized or Improper Use of Credit Cards and Debit Cards


Section 511 Definitions

General Business (GBS)

In this article, unless the context or subject matter otherwise requires:

  1. "Credit card" means and includes any credit card, credit plate, charge plate, courtesy card, or other identification card or device issued by a person to another person which may be used to obtain a cash advance or a loan or credit or to purchase or lease property or services on the credit of the issuer or of the holder;

  2. "Person" includes an individual, corporation, partnership or association, two or more persons having a joint or common interest or any other legal or commercial entity;

  3. "Issuer" means a person who issues a credit card or a debit card;

  4. "Holder" means a person to whom such a credit card or debit card is issued or who has agreed with the issuer to pay obligations arising from the use of a credit card or debit card issued to another person;

  5. "Unauthorized use" means use of a credit card or a debit card by a person other than the holder who does not have actual, implied or apparent authority from the holder for such use and from which use the holder receives no benefit;

  6. "Seller" means any person who honors credit cards or debit cards which may be used to purchase or lease property or services;

  7. "Lender" means any person who honors credit cards which may be used to obtain a cash advance or loan.

  8. "Improper use" means unauthorized use of a credit card or a debit card or use of a revoked, cancelled, expired or forged credit card or debit card at the premises of a seller or lender, to obtain a cash advance or loan, or to purchase or lease property or services, or an attempt to do so;

  9. "Debit card" means a card, plate or other similar device issued by a person to another person which may be used, without a personal identification number, code or similar identification number, code or similar identification, to purchase or lease property or services. The term does not include a credit card or a check, draft or similar instrument.

  10. "Secured credit card" means any credit card for which an issuer takes a pledge of a specifically identified interest-bearing deposit account as provided in section four hundred thirteen of the personal property law.