§ 2480 l Verification of change of consumer's address for preapproved offers of credit

9 V.S.A. § 2480 (N/A)
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§ 2480 l. Verification of change of consumer's address for preapproved offers of credit

A credit card issuer that mails an offer or solicitation to receive a credit card and, in response, receives a completed application for a credit card that lists an address that is substantively different from the address on the offer or solicitation shall make a commercially reasonable attempt to verify the change of address, which may include checking addresses on other open accounts. (Added 2003, No. 155 (Adj. Sess.), § 3, eff. July 1, 2005.)