12 U.S.C. § 2606 — Exempted transactions
submitted 32 years ago by Pub. L. 93-533 to r/title-12-BANKS-AND-BANKING · 100 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
This chapter does not apply to credit* transactions involving extensions of credit—
primarily for business, commercial, or agricultural purposes; or
to government or governmental agencies or instrumentalities.
In prescribing regulations under section 2617(a) of this title, the Bureau* shall ensure that, with respect to subsection (a) of this section, the exemption for credit transactions involving extensions of credit primarily for business, commercial, or agricultural purposes, as provided in subsection (a)(1) 1 of this section shall be the same as the exemption for such credit transactions under section 1603(1) of title 15.
Source credit: (Pub. L. 93–533, § 7, as added Pub. L. 103–325, title III, § 312, Sept. 23, 1994, 108 Stat. 2221; amended Pub. L. 104–208, div. A, title II, § 2103(b), Sept. 30, 1996, 110 Stat. 3009–399; Pub. L. 111–203, title X, § 1098(5), July 21, 2010, 124 Stat. 2104.)
- 1994Enacted · Pub. L. 93-533 · 108 Stat. 2221
- 1996Amended · Pub. L. 104-208 · 110 Stat. 3009
- 2010Amended · Pub. L. 111-203 · 124 Stat. 2104
A history note hasn’t been published yet. The record shows enactment by Pub. L. 93-533 on 1994-09-23.
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