-=> Quoting Wes Leatherock to Don Dellmann <=-
DD> In some states the postmark on your envelope is the date that
DD> the debt must be considered paid.
WL> Since the card is issued by the Associates National Bank of
WL> Wilmington, Delaware, it is unlikely state law would govern this.
It very LIKELY that state law governs all transactions within
a state.
If a company does business with a resident of the State of X,
it obeys the laws of the State of X. That is why the interest
rates shown on credit card applications vary so much. That is
why life, auto and home insurance policies vary so much from
state to state.
WL> There was an attempt a year or so ago to adopt federal legislation
WL> to this effect. It failed because of the intolerable burden it
WL> would place on companies
WHAT burden? It works for the IRS tax deadline in April. And
the IRS handles millions, not thousands, of tax returns.
WL> What state has such a law? While generally I am in favor of
WL> anything protecting the consumer, this makes such an onerous
WL> demand on the creditor that it appears unreasonable.
WHAT demand? Postmark dates work for the Department of Motor
Vehicles in California, and it handles thousands and thousand
of vehicle renewals every day.
BTW, I was taught by a postal inspector in class in 1965 that
this was already the law of the land (well, California at least).
... Firefighters are always in heat.
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