Section 6-15-01 - DefinitionsAs used in this chapter, unless the context or subject matter otherwise requires:
1. "Customer" means any person engaged in a payment card transaction facilitated or processed by a financial entity.2. "Disclosure" means the transfer, publication, or distribution of protected financial information to another person for any purpose other than the processing or facilitating of a payment card transaction, or taking any actions related to dispute processing, fraud management, or protecting transaction integrity from concerns related to illegal activities, breach, or cyber risks.3. "Financial entity" means a person involved in facilitating or processing a payment card transaction, including a bank, acquirer, payment card network, or payment card issuer.4. "Firearms code" means a merchant category code approved by the international organization for standardization for firearms retailers.5. "Firearms retailer" means any person physically located in this state engaged in the lawful business of selling or trading firearms or ammunition to be used in firearms.6. "Government entity" means any state board, commission, agency, bureau, or department, or any political subdivision of the state.7. "Protected financial information" means any record of sale, purchase, return, or refund involving a payment card which is retrieved, characterized, generated, labeled, sorted, or grouped based on the assignments of a firearms code.Added by S.L. 2023, ch. 92 (HB 1487),§ 1, eff. 7/1/2023.