Current through Supplement No. 394, October, 2024
Section 12.5-03-01-03 - Implementation and administration1. The Bank is authorized to execute all necessary or desirable documents with an executive branch agency, including a merchant agreement.2. An executive branch agency that accepts any payment by credit or debit card or by electronic fund transfer must enter a merchant agreement with the Bank that creates and governs the relationship between the executive branch agency and the Bank.3. An executive branch agency must adhere to and comply strictly with all network regulations that govern service fees, including the amount that may be charged as a convenience fee or surcharge.4. The Bank and state's designated processor are not able to charge a service fee to cardholders on behalf of the executive branch agency.5. In order to charge a service fee, an executive branch agency's approved payment application must process the service fee on behalf of the executive branch agency.N.D. Admin Code 12.5-03-01-03
General Authority: NDCC 54-06-08.2
Law Implemented: NDCC 54-06-08.2