Post by PickyChicky on Sept 20, 2014 6:47:17 GMT -6
The Uniform Commercial Code (UCC) is where you'll find your state's laws related to business, which your State Attorney General (SAG) has the authority to enforce. The UCC is where I found my state's laws regarding "Payment/Money Transmitters" when trying to determine if PayPal's lengthy hold on a seller's funds was lawful -- and I found that, in Texas, they aren't legally allowed to hold your funds beyond 10 days.
Each state has their own UCC and those laws are in place to protect everyone within that state who is involved in a commercial transaction, whether as a business-owner or consumer. So, it's best to familiarize yourself with them -- at least those laws that pertain to your business. At the very least, you should refer to them if you're having trouble with a service provider like PayPal, Bonanza, or eBay -- or even a customer.
If you find that your rights are being violated, refer to your SAG's site for more information. While they cannot personally represent you as an individual, give you legal advice, or answer questions about particular laws or statutes, you are sure to get answers to your questions on their site that will lead you in the right direction. For more information about SAGs, refer to my post on the Purpose of Your State Attorney General (SAG) & List by State.
To find your state's UCC, simply follow the link to the Cornell University Law School's site and select your state:
www.law.cornell.edu/wex/table_ucc
For a list of phone numbers for and links to each state's laws regulating money transmitters, see @catcop's post on the References > Website Components, Tools & Services board:
REF: State Laws RE: Money Transmitters (ie, Paypal, Stripe).
Each state has their own UCC and those laws are in place to protect everyone within that state who is involved in a commercial transaction, whether as a business-owner or consumer. So, it's best to familiarize yourself with them -- at least those laws that pertain to your business. At the very least, you should refer to them if you're having trouble with a service provider like PayPal, Bonanza, or eBay -- or even a customer.
If you find that your rights are being violated, refer to your SAG's site for more information. While they cannot personally represent you as an individual, give you legal advice, or answer questions about particular laws or statutes, you are sure to get answers to your questions on their site that will lead you in the right direction. For more information about SAGs, refer to my post on the Purpose of Your State Attorney General (SAG) & List by State.
To find your state's UCC, simply follow the link to the Cornell University Law School's site and select your state:
www.law.cornell.edu/wex/table_ucc
For a list of phone numbers for and links to each state's laws regulating money transmitters, see @catcop's post on the References > Website Components, Tools & Services board:
REF: State Laws RE: Money Transmitters (ie, Paypal, Stripe).
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