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Code · STATUTE-COMPILATIONS · safeguard the consumer in connection with the utilization of credit by requiring full disclosure of the terms and conditions of finance charges in credit transactions or in offers to extend credit; by · Sec. 123

Sec. 123. Exemption for State-regulated transactions

64 words·~1 min read·/statute-compilations/comps-260/sec-123

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

## § 123 Exemption for State-regulated transactions **[**[15 U.S.C. 1633](/us/usc/t15/s1633)**]** The Bureau shall by regulation exempt from the requirements of this chapter any class of credit transactions within any State if it determines that under the law of that State that class of transactions is subject to requirements substantially similar to those imposed under this chapter, and that there is adequate provision for enforcement.
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Sec. 123
Exemption for State-regulated transactions
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