Criminal factoring of financial transaction card records

North Carolina General Statutes

Section: 14-113.15A

Jurisdiction: NC

Bluebook Citation: N.C. Gen. Stat. § 14-113.15A

Any person who, without the acquirer's express authorization, employs or solicits an authorized merchant, or any agent or employee of such merchant, to remit to an issuer or acquirer, for payment, a financial transaction card record of a sale, which sale was not made by such merchant, his agent or employee, is guilty of a felony punishable as provided in G.S. 14-113.17(b).

Chat with this statute using AI

Ask CiteLaw's AI Navigator anything about this statute, verify citations, and research related authorities. Sign up for CiteLaw free today to get started.