New Jersey Statutes 5:9-14.4. Purchase of lottery tickets through decoupled debit
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Terms Used In New Jersey Statutes 5:9-14.4
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
1. a. For the purposes of this act, P.L.2019, c.155, “decoupled debit” means an electronic fund transfer by an entity that does not hold the enrolled user’s bank account and uses the automated clearing house network to debit the user’s checking account for the settlement of transactions.
b. Notwithstanding the provisions of any other law, rule, or regulation to the contrary, a licensed lottery sales agent operating in this State may accept decoupled debit as a form of payment from patrons for the purchase of lottery tickets.
c. The State Lottery Commission shall promulgate rules and regulations, pursuant to the “Administrative Procedure Act,” P.L.1968, c.410 (C. 52:14B-1 et seq.), as may be needed to effectuate the provisions of this act.
L.2019, c.155, s.1.