Section R. 487.2121 - DefinitionsRule 1. As used in these rules:
(a) "Act" means the Deferred Presentment Service Transactions Act, 2005 PA 244, MCL 487.2121 to MCL 487.2173.(b) "Archive" means to copy data to a long-term storage mechanism apart from the database.(c) "Commissioner" means the commissioner of the office of financial and insurance services.(d) "Customer transaction data" means all data reported to the database pertinent to a particular customer transaction, including the date of the transaction, identification of the licensee and location, the sum of money involved, the time payment is deferred, fees charged, any alleged violations of the Act, and any identifying customer information.(e) "Database" means the database described specifically in Section 22 of the act.(g) "Delete" means to erase data by overwriting the data.(h) "Identifying customer information" means the name of the customer, his or her Social Security number, driver license number, or other state-issued identification number, address, any account numbers or information specific to a check or draft drawn by a customer on a bank, savings bank, savings and loan association, or credit union, and any other nonpublic, personal financial information of a customer entered into the database or that comes into the possession of the database provider through customer or licensee inquiry or report.(i) Other terms defined in the act have the same meanings when used in these rules.Mich. Admin. Code R. 487.2121