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15 U.S.C. § 1666g — Tie-in services prohibited for issuance of credit card

submitted 52 years ago by Pub. L. 90-321 to r/title-15-COMMERCE-AND-TRADE · 43 words · no verdicts yet

in plain englishAI-generated · not legal advice

A card issuer may not require a seller to open another account or buy another service from the issuer or its affiliate as a condition of joining a credit-card plan.

(a) Despite any contrary agreement, an issuer may not require a seller, as a condition of participating in a credit-card plan, to open an account with or obtain another service from the issuer, its subsidiary, or its agent.

the actual law source: uscode.house.gov ↗public domain

Notwithstanding any agreement to the contrary, a card issuer may not require a seller, as a condition to participating in a credit card plan, to open an account with or procure any other service from the card issuer or its subsidiary or agent.

Source credit: (Pub. L. 90–321, title I, § 168, as added Pub. L. 93–495, title III, § 306, Oct. 28, 1974, 88 Stat. 1515.)

history & why it existsrecord from the source credit
  • 1974Enacted · Pub. L. 90-321 · 88 Stat. 1515

A history note hasn’t been published yet. The record shows enactment by Pub. L. 90-321 on 1974-10-28.

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