15 U.S.C. § 1663 — Advertising of open end credit plans
submitted 58 years ago by Pub. L. 90-321 to r/title-15-COMMERCE-AND-TRADE · 93 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
No advertisement to aid, promote, or assist directly or indirectly the extension of consumer credit* under an open end credit plan* may set forth any of the specific terms of that plan unless it also clearly and conspicuously sets forth all of the following items:
Any minimum or fixed amount which could be imposed.
In any case in which periodic rates may be used to compute the finance charge, the periodic rates expressed as annual percentage rates.
Any other term that the Bureau* may by regulation require to be disclosed.
Source credit: (Pub. L. 90–321, title I, § 143, May 29, 1968, 82 Stat. 158; Pub. L. 96–221, title VI, §§ 613(f), 619(a), Mar. 31, 1980, 94 Stat. 177, 183; Pub. L. 111–203, title X, § 1100A(2), July 21, 2010, 124 Stat. 2107.)
- 1968Enacted · Pub. L. 90-321 · 82 Stat. 158
- 1980Amended · Pub. L. 96-221 · 94 Stat. 177, 183
- 2010Amended · Pub. L. 111-203 · 124 Stat. 2107
A history note hasn’t been published yet. The record shows enactment by Pub. L. 90-321 on 1968-05-29.
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