15 U.S.C. § 1679i — Statute of limitations
submitted 30 years ago by Pub. L. 90-321 to r/title-15-COMMERCE-AND-TRADE · 109 words · no verdicts yet
This section gives a five-year deadline for enforcement actions, measured from the violation or, for specified discovered misrepresentations, from the consumer’s discovery.
An action enforcing liability under this subchapter may be filed by the later of: (1) five years after the violation occurred; or (2) when a credit*-repair organization materially and willfully misrepresented information that it had to disclose and that matters to its liability, five years after the consumer* discovered the misrepresentation.
Any action to enforce any liability under this subchapter may be brought before the later of—
the end of the 5-year period beginning on the date of the occurrence of the violation involved; or
in any case in which any credit repair organization* has materially and willfully misrepresented any information which—
the credit* repair organization is required, by any provision of this subchapter, to disclose to any consumer*; and
is material to the establishment of the credit repair organization’s liability to the consumer under this subchapter,
the end of the 5-year period beginning on the date of the discovery by the consumer of the misrepresentation.
Source credit: (Pub. L. 90–321, title IV, § 411, as added Pub. L. 104–208, div. A, title II, § 2451, Sept. 30, 1996, 110 Stat. 3009–461.)
- 1996Enacted · Pub. L. 90-321 · 110 Stat. 3009
A history note hasn’t been published yet. The record shows enactment by Pub. L. 90-321 on 1996-09-30.
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