{"identifier":"/us/usc/t42/s1320d\u20138","title":42,"num":"\u00a7\u202f1320d\u20138.","heading":"Processing payment transactions by financial institutions","text":"\u00a7\u202f1320d\u20138.\nProcessing payment transactions by financial institutions\nTo the extent that an entity is engaged in activities of a financial institution (as defined in\n(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.\n(2) The request for, or the use or disclosure of, information by the entity with respect to a payment described in paragraph (1)\u2014\n(A) for transferring receivables;\n(B) for auditing;\n(C) in connection with\u2014\n(i) a customer dispute; or\n(ii) an inquiry from, or to, a customer;\n(D) in a communication to a customer of the entity regarding the customer\u2019s transactions, payment card, account, check, or electronic funds transfer;\n(E) for reporting to consumer reporting agencies; or\n(F) for complying with\u2014\n(i) a civil or criminal subpoena; or\n(ii) a Federal or State law regulating the entity.","url":"https://projectusc.org/usc/t42/s1320d\u20138.html","content":[{"t":"sec","id":"/us/usc/t42/s1320d\u20138","children":[{"t":"num","text":"\u00a7\u202f1320d\u20138."},{"t":"heading","text":"Processing payment transactions by financial institutions","tail":"\n"},{"t":"chapeau","text":"To the extent that an entity is engaged in activities of a financial institution (as defined in ","children":[{"t":"ref","text":"section 3401 of title 12","href":"/us/usc/t12/s3401","tail":"), 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:"}]},{"t":"para","id":"/us/usc/t42/s1320d\u20138/1","children":[{"t":"num","text":"(1)"},{"t":"content","text":" 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.","tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t42/s1320d\u20138/2","children":[{"t":"num","text":"(2)"},{"t":"chapeau","text":" The request for, or the use or disclosure of, information by the entity with respect to a payment described in paragraph (1)\u2014"},{"t":"subpara","id":"/us/usc/t42/s1320d\u20138/2/A","children":[{"t":"num","text":"(A)"},{"t":"content","text":" for transferring receivables;","tail":"\n"}],"tail":"\n"},{"t":"subpara","id":"/us/usc/t42/s1320d\u20138/2/B","children":[{"t":"num","text":"(B)"},{"t":"content","text":" for auditing;","tail":"\n"}],"tail":"\n"},{"t":"subpara","id":"/us/usc/t42/s1320d\u20138/2/C","children":[{"t":"num","text":"(C)"},{"t":"chapeau","text":" in connection with\u2014"},{"t":"clause","id":"/us/usc/t42/s1320d\u20138/2/C/i","children":[{"t":"num","text":"(i)"},{"t":"content","text":" a customer dispute; or","tail":"\n"}],"tail":"\n"},{"t":"clause","id":"/us/usc/t42/s1320d\u20138/2/C/ii","children":[{"t":"num","text":"(ii)"},{"t":"content","text":" an inquiry from, or to, a customer;","tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"subpara","id":"/us/usc/t42/s1320d\u20138/2/D","children":[{"t":"num","text":"(D)"},{"t":"content","text":" in a communication to a customer of the entity regarding the customer\u2019s transactions, payment card, account, check, or electronic funds transfer;","tail":"\n"}],"tail":"\n"},{"t":"subpara","id":"/us/usc/t42/s1320d\u20138/2/E","children":[{"t":"num","text":"(E)"},{"t":"content","text":" for reporting to consumer reporting agencies; or","tail":"\n"}],"tail":"\n"},{"t":"subpara","id":"/us/usc/t42/s1320d\u20138/2/F","children":[{"t":"num","text":"(F)"},{"t":"chapeau","text":" for complying with\u2014"},{"t":"clause","id":"/us/usc/t42/s1320d\u20138/2/F/i","children":[{"t":"num","text":"(i)"},{"t":"content","text":" a civil or criminal subpoena; or","tail":"\n"}],"tail":"\n"},{"t":"clause","id":"/us/usc/t42/s1320d\u20138/2/F/ii","children":[{"t":"num","text":"(ii)"},{"t":"content","text":" a Federal or State law regulating the entity.","tail":"\n"}],"tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"text","text":"\n"}]}]}