Section 15. If it is the policy of a person to give cash refunds for payments made by cash, such person shall also give credit or cash refunds for payments made by electronic fund transfers, unless it is clearly and conspicuously disclosed at the time the transaction is consummated that such person does not give credit or cash refunds for payments made by electronic fund transfers.
Structure Massachusetts General Laws
Part I - Administration of the Government
Chapter 167b - Electronic Branches and Electronic Fund Transfers
Section 2 - Regulations; Advisory Rulings; Reconsideration of Rulings; Model Clauses
Section 4 - Application to Purchase, Establish, Install, etc.; Information; Notice of Decision
Section 6 - Consumer Access to Electronic Fund Transfer
Section 8 - Disclosure of Terms and Conditions; Information Included
Section 9 - Documentation of Transfers; Contents; Notice; Periodic Statements
Section 10 - Preauthorized Transfers
Section 13 - System Malfunction; Suspension of Obligation
Section 14 - Identifying Numbers; Social Security Number; Prohibition
Section 15 - Credit or Cash Refunds
Section 16 - Disclosure of Information
Section 17 - Remedies for Wrong Resolution of Account Error Resulting From Electronic Funds Transfer
Section 18 - Liability of Consumer for Unauthorized Transfer
Section 19 - Liability of Financial Institution to Consumer
Section 20 - Liability of Any Person to Consumer
Section 21 - Violations; Arrest Without Warrant
Section 22 - Actions and Proceedings; Injunctions; Penalties