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15 U.S.C. § 1693k — Compulsory use of electronic fund transfers

submitted 48 years ago by Pub. L. 90-321 to r/title-15-COMMERCE-AND-TRADE · 54 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

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

No person may—

(1)

condition the extension of credit to a consumer on such consumer’s repayment by means of preauthorized electronic fund transfers; or

(2)

require a consumer to establish an account for receipt of electronic fund transfers with a particular financial institution as a condition of employment or receipt of a government benefit.

Source credit: (Pub. L. 90–321, title IX, § 913, as added Pub. L. 95–630, title XX, § 2001, Nov. 10, 1978, 92 Stat. 3737.)

history & why it existsrecord from the source credit
  • 1978Enacted · Pub. L. 90-321 · 92 Stat. 3737

A history note hasn’t been published yet. The record shows enactment by Pub. L. 90-321 on 1978-11-10.

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