Applicability and exclusions

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  1. (a) Nothing contained in this chapter shall:

    1. (1) Affect the jurisdiction of state or federal bank regulators over the regulation of credit card processing services provided by state or national banks; or

    2. (2) Limit the rights or remedies that are otherwise available to a person or an entity that has contracted with a credit card processing service.

  2. (b) This chapter does not apply to:

    1. (1) A contract entered into before August 1, 2007;

    2. (2) A state bank, a national bank, or a savings association, each as defined in 12 U.S.C. § 1813, as it existed on January 1, 2009; or

    3. (3) The parent, affiliate, or subsidiary of a state bank, a national bank, or a savings association, each as defined in 12 U.S.C. § 1813, as it existed on January 1, 2009.

  3. (c) The obligations under this chapter are cumulative and do not limit the obligations imposed under any other state or federal law.


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