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Truth in Lending

Fed · final-rule · Published 2004-03-31 · Effective 2004-04-01 · 69 FR 16769

Document

Document number
04-7150
Federal Register citation
69 FR 16769
CFR reference
12 CFR 226
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Federal Reserve System
Publication date
2004-03-31
Effective date
2004-04-01
Docket
Regulation Z

Abstract

The Board is publishing revisions to Regulation Z, which implements the Truth in Lending Act, and to the staff commentary to the regulation. Regulation Z is revised to add an interpretative rule of construction providing that where the word "amount" is used in the regulation to describe disclosure requirements, it refers to a numerical amount. The staff commentary is revised to provide guidance on consumers' exercise of the right to rescind certain home-secured loans. In addition, several technical revisions to the staff commentary are being published.

Source

Authoritative
Federal Register document
Machine
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