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Truth in Lending

Fed · final-rule · Published 1996-04-04 · Effective 1996-04-01 · 61 FR 14952

Document

Document number
96-8045
Federal Register citation
61 FR 14952
CFR reference
12 CFR 226
Type
Rule
Action
Final rule; official staff interpretation.
Category
final-rule
Agency
US Federal Reserve System
Publication date
1996-04-04
Effective date
1996-04-01
Docket
Regulation Z

Abstract

The Board is publishing revisions to the official staff commentary to Regulation Z (Truth in Lending). The commentary applies and interprets the requirements of Regulation Z. The revisions provide guidance mainly on issues relating to reverse mortgages and mortgages bearing rates above a certain percentage or fees above a certain amount. The update also addresses issues of general interest, such as a card issuer's responsibilities when a cardholder asserts a claim or defense relating to a merchant dispute.

Source

Authoritative
Federal Register document
Machine
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