42-U.S.C.-1320D-8
§1320D-8 – §1320D-8. Processing Payment Transactions By Financial Institutions
Pathway
Title 42 > Chapter 7 > Subchapter XI > Part C > Section 1320d-8
Details
- Reference: Section 1320d-8
- Legend: §1320D-8 – §1320D-8. Processing Payment Transactions By Financial Institutions
- USCode Year: 2011
Provision Content
To the extent that an entity is engaged in activities of a financial institution (as defined in section 3401 of title 12), or is engaged in authorizing, processing, clearing, settling, billing, transferring, reconciling, or collecting payments, for a financial institution, this part, and any standard adopted under this part, shall not apply to the entity with respect to such activities, including the following:
(1) The use or disclosure of information by the entity for authorizing, processing, clearing, settling, billing, transferring, reconciling or collecting, a payment for, or related to, health plan premiums or health care, where such payment is made by any means, including a credit, debit, or other payment card, an account, check, or electronic funds transfer.
(2) The request for, or the use or disclosure of, information by the entity with respect to a payment described in paragraph (1)—
(A) for transferring receivables;
(B) for auditing;
(C) in connection with—
(i) a customer dispute; or
(ii) an inquiry from, or to, a customer;
(D) in a communication to a customer of the entity regarding the customers transactions, payment card, account, check, or electronic funds transfer;
(E) for reporting to consumer reporting agencies; or
(F) for complying with—
(i) a civil or criminal subpoena; or
(ii) a Federal or State law regulating the entity.
(Aug. 14, 1935, ch. 531, title XI, §1179, as added Pub. L. 104–191, title II, §262(a), Aug. 21, 1996, 110 Stat. 2030.)
U.S. Encyclopedia of Law Coverage
42-U.S.C.-1320C-6 in the Legal Encyclopedia: Social Security
In this entry about 42-U.S.C.-1320C-6, find legal reference material, bibliographies and premiere content related to social security in the American Encyclopedia of Law, presenting a comprehensive view of the United States social security-specific issues, written by authorities in the field.
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