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Current as of January 01, 2024 | Updated by Findlaw Staff
A financial institution may not use a firearms code to engage in the following discriminatory conduct:
(1) Declining a lawful payment card transaction based on the assignment of a firearms code to the merchant or transaction;
(2) Limiting or declining to do business with a customer, potential customer, or merchant based on the assignment of a firearms code to previous lawful transactions involving the customer, potential customer, or merchant;
(3) Charging a higher transaction or interchange fee to any merchant or for a lawful transaction, as compared to the fee charged to a similarly situated merchant or for a similar transaction, based on the assignment of a firearms code; or
(4) Otherwise taking any action against a customer or merchant that is intended to suppress lawful commerce involving firearms, firearm accessories or components, or ammunition.
Cite this article: FindLaw.com - West Virginia Code Chapter 31A. Banks and Banking § 31A-2B-7. Use of protected financial information for discriminatory purpose - last updated January 01, 2024 | https://codes.findlaw.com/wv/chapter-31a-banks-and-banking/wv-code-sect-31a-2b-7/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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