Code of Virginia - Title 11 Contracts - Section 11-30 Definitions

§ 11-30. Definitions

The following words and phrases as used in this chapter, unless a different meaning is plainly required by the context, shall have the following meanings:

(a) "Cardholder" means the person or organization named on the face of a credit card to whom or for whose benefit the credit card was issued by an issuer.

(b) "Credit card" means any instrument or device, whether known as a credit card, credit plate, or by any other name, issued with or without fee by an issuer for the use of the cardholder in obtaining money, goods, services, or any other thing of value.

(c) "Issuer" means the business organization or financial institution or its duly authorized agent which issues a credit card.

(1970, c. 324.)

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Last modified: April 2, 2009