Code · BILL · 116th Congress · S. 2114 (Introduced in Senate) — To provide the legal framework and income tax treatment necessary for the growth of innovative private financing opti... · Sec. 502

Sec. 502. Prohibition on requiring preauthorized electronic fund transfers

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Section 913(1) of the Electronic Fund Transfer Act ( 15 U.S.C. 1693k(1) ) is amended by inserting or the entering into a Qualified ISA or an income-share agreement (as those terms are defined in section 2 of the after ISA Student Protection Act of 2019 ) with a consumer a consumer .

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U.S. Code

Compulsory use of electronic fund transfers
§ 1693k

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Sec. 502

Prohibition on requiring preauthorized electronic fund transfers

U.S.C.§ 1693k

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