§ 680.1. Purpose and scope.
103 words·~1 min read·
/us/cfr/t16/s§ 680.1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Purpose. The purpose of this part is to implement section 214 of the Fair and Accu-rate Credit Transactions Act of 2003, which (by adding section 624 to Fair Credit Reporting Act) regulates the use, for marketing solicitation purposes, of consumer information provided by persons affiliated with the person making the solicitation.
(b)Scope. This part applies to any motor vehicle dealer as defined in § 680.3 that uses information from its affiliates for the purpose of marketing solicitations, or provides information to its affiliates for that purpose. \[72 FR 61455, Oct. 30, 2007, as amended at 86 FR 51610, Sept. 16, 2021\]