Cal. Fin. Code § 110001

Current through the 2023 Legislative Session.
Section 110001 - International Organization for Standardization merchant category code
(a) By July 1, 2024, a payment card network shall make the merchant category code for firearms and ammunition businesses established by the International Organization for Standardization on September 9, 2022, available for merchant acquirers that provide payment services for firearms merchants.
(b) Beginning May 1, 2025, a merchant acquirer shall assign to a firearms merchant the merchant category code for firearms and ammunition businesses established by the International Organization for Standardization on September 9, 2022.
(c) A waiver of a provision of this division is contrary to public policy and is void and unenforceable.

Ca. Fin. Code § 110001

Added by Stats 2023 ch 247 (AB 1587),s 1, eff. 1/1/2024.