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15 U.S.C. § 1693r — Exemption for State regulation

submitted 48 years ago by Pub. L. 90-321 to r/title-15-COMMERCE-AND-TRADE · 58 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Bureau shall by regulation exempt from the requirements of this subchapter any class of electronic fund transfers within any State if the Bureau determines that under the law of that State that class of electronic fund transfers is subject to requirements substantially similar to those imposed by this subchapter, and that there is adequate provision for enforcement. It states the conditions, duties, exceptions, or procedures that apply to that subject.

The Bureau must by regulation exempt from the requirements of this subchapter any class of electronic fund transfers within any State if the Bureau determines that under the law of that State that class of electronic fund transfers is subject to requirements substantially similar to those imposed by this subchapter, and that there is adequate provision for enforcement.

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

The Bureau shall by regulation exempt from the requirements of this subchapter any class of electronic fund transfers within any State if the Bureau determines that under the law of that State that class of electronic fund transfers 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 IX, § 922, formerly § 920, as added Pub. L. 95–630, title XX, § 2001, Nov. 10, 1978, 92 Stat. 3741; renumbered § 921, Pub. L. 111–24, title IV, § 401(1), May 22, 2009, 123 Stat. 1751; renumbered § 922 and amended Pub. L. 111–203, title X, §§ 1073(a)(3), 1084(1), July 21, 2010, 124 Stat. 2060, 2081.)

history & why it existsrecord from the source credit
  • 1978Enacted · Pub. L. 90-321 · 92 Stat. 3741
  • 2009Amended · Pub. L. 111-24 · 123 Stat. 1751
  • 2010Amended · Pub. L. 111-203 · 124 Stat. 2060, 2081

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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