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safe act

 

Definitions from the Web

Safe Act

Noun:

1. A federal law enacted in 2008 that enhances consumer protection against identity theft by requiring financial institutions and creditors to establish policies and procedures to prevent fraudulent activities.

For example: The Safe Act requires banks to implement strict security measures to protect customer information.

2. A New York state law passed in 2013 that aims to prevent gun violence by strengthening gun control regulations.

For example: The Safe Act restricts the sale of assault weapons in New York state.

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