Laws: Cases and Codes : U.S. Code : Title 15 : Section 1640


   

U.S. Code as of: 01/19/04
Section 1640 - Notes
                                   SOURCE
    (Pub. L. 90-321, title I, Sec. 130, May 29, 1968, 82 Stat. 157;
    Pub. L. 93-495, title IV, Secs. 406, 407, 408(a)-(d), Oct. 28,
    1974, 88 Stat. 1518; Pub. L. 94-222, Sec. 3(b), Feb. 27, 1976, 90
    Stat. 197; Pub. L. 94-240, Sec. 4, Mar. 23, 1976, 90 Stat. 260;
    Pub. L. 96-221, title VI, Sec. 615, Mar. 31, 1980, 94 Stat. 180;
    Pub. L. 100-583, Sec. 3, Nov. 3, 1988, 102 Stat. 2966; Pub. L.
    103-325, title I, Sec. 153(a), (b), Sept. 23, 1994, 108 Stat. 2195;
    Pub. L. 104-12, Sec. 2, May 18, 1995, 109 Stat. 161; Pub. L.
    104-29, Sec. 6, Sept. 30, 1995, 109 Stat. 274.)
                                AMENDMENTS                            
      1995 - Subsec. (a)(2)(A)(iii). Pub. L. 104-29 added cl. (iii).
      Subsec. (i). Pub. L. 104-12 added subsec. (i).
      1994 - Subsec. (a)(4). Pub. L. 103-325, Sec. 153(a), added par.
    (4).
      Subsec. (e). Pub. L. 103-325, Sec. 153(b), inserted at end "An
    action to enforce a violation of section 1639 of this title may
    also be brought by the appropriate State attorney general in any
    appropriate United States district court, or any other court of
    competent jurisdiction, not later than 3 years after the date on
    which the violation occurs. The State attorney general shall
    provide prior written notice of any such civil action to the
    Federal agency responsible for enforcement under section 1607 of
    this title and shall provide the agency with a copy of the
    complaint. If prior notice is not feasible, the State attorney
    general shall provide notice to such agency immediately upon
    instituting the action. The Federal agency may - 
        "(1) intervene in the action;
        "(2) upon intervening - 
          "(A) remove the action to the appropriate United States
        district court, if it was not originally brought there; and
          "(B) be heard on all matters arising in the action; and
        "(3) file a petition for appeal."
      1988 - Subsec. (a). Pub. L. 100-583 substituted "in subsections
    (a) and (b) of section 1637" for "in section 1637" in third
    sentence and inserted provisions limiting liability of card issuer
    under this section to cardholders who pay fee or use credit card or
    charge card.
      1980 - Subsec. (a). Pub. L. 96-221, Sec. 615(b), in introductory
    text inserted provisions respecting applicability of section 1635
    of this title, and in text following numbered pars. inserted
    provisions relating to disclosures required under sections 1637 and
    1638 of this title.
      Subsec. (a)(2)(B). Pub. L. 96-221, Sec. 615(a)(1), substituted
    provisions respecting recovery under this subparagraph in any class
    action or series of class actions, for provisions respecting
    recovery in a class action.
      Subsec. (a)(3). Pub. L. 96-221, Sec. 615(a)(2), inserted
    provisions relating to right of rescission under section 1635 of
    this title.
      Subsec. (b). Pub. L. 96-221, Sec. 615(a)(3), substituted
    provisions relating to correction of errors within sixty days by a
    creditor or assignee, for provisions relating to correction of
    errors within fifteen days by a creditor.
      Subsec. (c). Pub. L. 96-221, Sec. 615(a)(3), substituted
    provisions relating to liability of a creditor or assignee in any
    action brought under this section or section 1635 of this title,
    for provisions relating to liability of a creditor in any action
    brought under this section.
      Subsec. (d). Pub. L. 96-221, Sec. 615(a)(3), substituted
    provisions relating to liability in transaction or lease involving
    multiple obligors, for provisions relating to liability of
    subsequent assignees original creditor.
      Subsec. (e). Pub. L. 96-221, Sec. 615(a)(4), inserted provisions
    relating to limitations on actions.
      Subsec. (f). Pub. L. 96-221, Sec. 615(a)(5), inserted references
    to section 1607(b), (c), and (e) of this title.
      Subsec. (g). Pub. L. 96-221, Sec. 615(a)(6), inserted provisions
    relating to remedy under section 1635 of this title.
      Subsec. (h). Pub. L. 96-221, Sec. 615(a)(7), substituted
    provisions relating to offset from amounts owed to the creditor or
    assignee, and rights of defaulting consumer, for provisions
    relating to offset from amounts owed to the creditor.
      1976 - Subsec. (a). Pub. L. 94-240, Sec. 4(1), inserted "or E"
    after "part D".
      Subsec. (a)(2)(A). Pub. L. 94-240, Sec. 4(2), designated existing
    provision as cl. (i) and added cl. (ii).
      Subsec. (a)(2)(B). Pub. L. 94-240, Sec. 4(3), substituted "lesser
    of $500,000" for "lesser of $100,000".
      Subsec. (b). Pub. L. 94-240, Sec. 4(4), inserted "or part E of
    this subchapter" after "this part" and struck out "finance" after
    "required to pay a".
      Subsec. (f). Pub. L. 94-222 inserted "or in conformity with any
    interpretation or approval by an official or employee of the
    Federal Reserve System duly authorized by the Board to issue such
    interpretations or approvals under such procedures as the Board may
    prescribe therefor" after "by the Board", and substituted
    "interpretation, or approval" for "or interpretation" before "is
    amended".
      Subsec. (g). Pub. L. 94-240, Sec. 4(5), inserted "or part D or E
    of this subchapter" after "this part", and "consumer lease" after
    "consumer loan".
      1974 - Subsec. (a). Pub. L. 93-495, Sec. 408(a), substituted
    provisions setting forth determination of amount of liability of
    any creditor failing to comply with any requirement imposed under
    part D of this subchapter or this part, for provisions setting
    forth determination of amount of liability of any creditor failing
    to disclose in connection with any consumer credit transaction any
    information required under this part to be disclosed to specified
    persons.
      Subsec. (b). Pub. L. 93-495, Sec. 408(b), inserted "for any
    failure to comply with any requirement imposed under this part,"
    before "if within".
      Subsec. (c). Pub. L. 93-495, Sec. 408(c), substituted
    "subchapter" for "part".
      Subsec. (f). Pub. L. 93-495, Sec. 406, added subsec. (f).
      Subsec. (g). Pub. L. 93-495, Sec. 407, added subsec. (g).
      Subsec. (h). Pub. L. 93-495, Sec. 408(d), added subsec. (h).
                   SECTION REFERRED TO IN OTHER SECTIONS               
      This section is referred to in sections 1610, 1635, 1667d of this
    title; title 12 section 3806.

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