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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. 912

Sec. 912. Suspension of obligations

82 words·~1 min read·/statute-compilations/comps-260/sec-912

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## § 912 Suspension of obligations **[**[15 U.S.C. 1693j](/us/usc/t15/s1693j)**]** If a system malfunction prevents the effectuation of an electronic fund transfer initiated by a consumer to another person, and such other person has agreed to accept payment by such means, the consumer's obligation to the other person shall be suspended until the malfunction is corrected and the electronic fund transfer may be completed, unless such other person has subsequently, by written request, demanded payment by means other than an electronic fund transfer.
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Sec. 912
Suspension of obligations
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