{"data":{"id":"us-ma/mass.-gen.-laws-ch.-140d-21","jurisdiction":"us-ma","citation":"Mass. Gen. Laws ch. 140D, § 21","heading":"Application of credit cardholder's funds held by issuer; authorization; agreement statement","body":"Section 21. A person issuing a credit card shall not apply any funds of the cardholder held for any purpose by the issuer of the card in order to satisfy a debt arising from the use of such credit card unless such action was previously authorized by the cardholder in a separately signed agreement whereby the cardholder agrees to pay debts incurred in his open-end-credit account by permitting the card issuer to deduct periodically all or a portion of such debt from the cardholder's deposit account; provided, however, that such action shall not be taken with respect to a disputed item if the cardholder so requests. This agreement shall contain the following statement appearing conspicuously on the face thereof:\nYOU DO NOT HAVE TO SIGN THIS AGREEMENT IN ORDER TO OBTAIN A CREDIT CARD.","path":["Part I","Title XX","Chapter 140D"],"source_url":"https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXX/Chapter140D/Section21","current_through":"amendments passed before May 31, 2026","vintage":"","retrieved_at":"2026-09-17T05:23:21Z","sha256":"b189ca07b5d3abed213dd77633abebbb7edb8f737a1f7025fed6659577c372f0","source_id":"us-ma","stale":false,"prev":"us-ma/mass.-gen.-laws-ch.-140d-20","next":"us-ma/mass.-gen.-laws-ch.-140d-22"},"notice":"GroundRules: Original legal text. Not legal advice."}