15 U.S.C. § 1692o — Exemption for State regulation
submitted 49 years ago by Pub. L. 90-321 to r/title-15-COMMERCE-AND-TRADE · 58 words · no verdicts yet
This section addresses Exemption for State regulation. It sets out the definitions, duties, permissions, limits, or procedures stated in the section.
The Bureau* must by regulation exempt from the requirements of this subchapter any class of debt* collection practices within any State* if the Bureau determines that under the law of that State that class of debt collection practices is subject to requirements substantially similar to those imposed by this subchapter, and that there is adequate provision for enforcement.
The Bureau* shall by regulation exempt from the requirements of this subchapter any class of debt* collection practices within any State* if the Bureau determines that under the law of that State that class of debt collection practices is subject to requirements substantially similar to those imposed by this subchapter, and that there is adequate provision for enforcement.
Source credit: (Pub. L. 90–321, title VIII, § 817, as added Pub. L. 95–109, Sept. 20, 1977, 91 Stat. 883; amended Pub. L. 111–203, title X, § 1089(1), July 21, 2010, 124 Stat. 2092.)
- 1977Enacted · Pub. L. 90-321 · 91 Stat. 883
- 2010Amended · Pub. L. 111-203 · 124 Stat. 2092
A history note hasn’t been published yet. The record shows enactment by Pub. L. 90-321 on 1977-09-20.
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