(a) The terms and conditions of electronic fund transfers involving a consumer's account shall be disclosed, in writing, before the consumer contracts for an electronic fund transfer service. Such disclosures shall be in readily understandable language and shall include, to the extent applicable:

1. (1) the consumer's liability for unauthorized electronic fund transfers and notice of the advisability of prompt reporting of any loss, theft, or unauthorized use of an access device;
2. (2) the telephone number and address of the person or office to be notified, including the hours during which such telephone number may be used by the consumer, in the event the consumer believes that an unauthorized electronic fund transfer has been or may be effected or to which the consumer can make any inquiry, complaint or seek resolution of a problem;
3. (3) the type and nature of electronic fund transfers which the consumer may initiate, including any limitations on the frequency or dollar amount of such transfers, except that the details of such limitations need not be disclosed if their confidentiality is necessary to maintain the security of an electronic fund transfer system;
4. (4) any charges for electronic fund transfers, for the right to make such transfers, or charges for account maintenance;
5. (5) the minimum balance, if any, in an account required as a condition for using an accepted access device;
6. (6) the rate of interest, if any, which will be paid on any account which may be used for electronic fund transfers;
7. (7) the consumer's right to stop payment of a preauthorized electronic fund transfer and the procedure to initiate such a stop payment order;
8. (8) the consumer's right to receive documentation of electronic fund transfers under section nine;
9. (9) a summary of the error resolution provisions of section seventeen and the consumer's rights thereunder; such summary shall include the form of the notice to be used for written confirmation of a consumer's belief that an error occurred. The financial institution shall thereafter transmit such summary at least once per calendar year, alternatively, a financial institution may choose to mail or deliver a shorter summary on or with each periodic statement required by section nine.
10. (10) the financial institution's liability to the consumer under section nineteen.
11. (11) under what circumstances the financial institution will in the ordinary course of business disclose information concerning the consumer's account to third persons;

12. (12) A statement that any documentation provided to the consumer which indicates that an electronic fund transfer was made to another person shall be admissible as evidence of such transfer and shall constitute prima facie proof that such transfer was made.

    [There is no clause (13).]