What legal rules apply to InsuraCheck?
On March 10, 1998, The National Automated Clearinghouse Association (NACHA) approved new banking procedures that allow merchants to re-present NSF checks. The rule became effective September 18, 1998. All our operations, including re-presented check entries, are subject to applicable NACHA operating rules, uniform commercial codes and regulations. Because InsuraCheck transactions are originated by check, they are exempt from the provisions of the Electronic Funds Transfer Act and Regulation E.
