15 USC 1642: Issuance of credit cards
Result 1 of 1
   
 
<< Previous   TITLE 15 / CHAPTER 41 / SUBCHAPTER I / Part B / § 1642   Next >>
 
15 USC 1642: Issuance of credit cards Text contains those laws in effect on November 30, 2024
From Title 15-COMMERCE AND TRADECHAPTER 41-CONSUMER CREDIT PROTECTIONSUBCHAPTER I-CONSUMER CREDIT COST DISCLOSUREPart B-Credit Transactions
Jump To: Source CreditMiscellaneousEffective Date

§1642. Issuance of credit cards

No credit card shall be issued except in response to a request or application therefor. This prohibition does not apply to the issuance of a credit card in renewal of, or in substitution for, an accepted credit card.

(Pub. L. 90–321, title I, §132, as added Pub. L. 91–508, title V, §502(a), Oct. 26, 1970, 84 Stat. 1126 .)


Statutory Notes and Related Subsidiaries

Effective Date

Pub. L. 91–508, title V, §503(1), Oct. 26, 1970, 84 Stat. 1127 , provided that: "Section 132 of such Act [this section] takes effect on date of enactment of this title [Oct. 26, 1970]."