16a-2-403. Prohibiting surcharge on credit cards.

16a-2-403

Chapter 16a.--CONSUMER CREDIT CODE
Part 4 CONSUMER LOANS; MAXIMUM FINANCE CHARGES
Article 2.--FINANCE CHARGES AND RELATED PROVISIONS

      16a-2-403.   Prohibiting surcharge on credit cards. No seller or lessor in any sales or lease transaction or any credit card issuer may impose a surcharge on a card holder who elects to use a credit card in lieu of payment by cash, check or similar means. A surcharge is any additional amount imposed at the time of the sales or lease transaction by the merchant, seller or lessor that increases the charge to the buyer or lessee for the privilege of using a credit card.

      History:   L. 1986, ch. 90, § 2; L. 1999, ch. 107, § 17; July 1.