California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 1.3 — Credit Cards, Section 1747.20

If 10 or more credit cards are issued by one card issuer for use by the employees of an organization, Section 1747.10 does not prohibit the card issuer and the organization from agreeing to liability for unauthorized use without regard to Section 1747.10. However, liability for unauthorized use may be imposed on an employee of the organization, by either the card issuer or the organization, only in accordance with Section 1747.10.

Notes

Allows a card issuer and an organization receiving 10 or more credit cards for employee use to agree on unauthorized-use liability without regard to the ordinary statutory limitation. Any unauthorized-use liability imposed on an individual employee by either the issuer or organization remains limited by the referenced cardholder-liability provision.

Use as reference

Lexinter.net | California Code, Civil Code - CIV § 1747.20 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-1-3/section-1747-20

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