§ 2606. Exempted transactions
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/usc/title-12/section-2606A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)In general This chapter does not apply to credit transactions involving extensions of credit—
(1)primarily for business, commercial, or agricultural purposes; or
(2)to government or governmental agencies or instrumentalities.
(b)Interpretation In prescribing regulations under section 2617(a) of this title, the Bureau shall ensure that, with respect to subsection
(a)of this section, the exemption for credit transactions involving extensions of credit primarily for business, commercial, or agricultural purposes, as provided in subsection (a)(1) 1 of this section shall be the same as the exemption for such credit transactions under section 1603(1) of title 15.
(Pub. L. 93–533, § 7, as added Pub. L. 103–325, title III, § 312, Sept. 23, 1994, 108 Stat. 2221; amended Pub. L. 104–208, div. A, title II, § 2103(b), Sept. 30, 1996, 110 Stat. 3009–399; Pub. L. 111–203, title X, § 1098(5), July 21, 2010, 124 Stat. 2104.)
Connections13 cite this · traces to 3
Cited by 13 sections · top 10
statutes-at-large
- Public Law 93–533
- Public Law 94–205To amend the Real Estate Settlement Procedures Act of 1974
- Public Law 104–207Waiving certain enrollment requirements with respect to any bill or joint resolution of the One Hundred Fourth Congress making genera) or continuing appropriations for fiscal year 1997
- Public Law 111–203To promote the financial stability of the United States by improving accountability and transparency in the financial system, to end “too big to fail”, to protect the American taxpayer by ending bailouts, to protect consumers from abusive financial services practices, and for other purposes
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statute-compilations
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14 references not yet in our index
- 1
- Pub. L. 93–533, § 7
- Pub. L. 103–325, title III, § 312
- 108 Stat. 2221
- Pub. L. 104–208, div. A, title II, § 2103(b)
- 110 Stat. 3009–399
- Pub. L. 111–203, title X, § 1098(5)
- 124 Stat. 2104
- 88 Stat. 1727
- Pub. L. 94–205, § 6
- 89 Stat. 1158
- Pub. L. 111–203
- Pub. L. 104–208
- section 1100H of Pub. L. 111–203
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§ 2606
Exempted transactions
Fed. Reg.×8
Stat.×4
Stat. Comp.×1
Cite1
Pub. L.Pub. L. 93–533, § 7
Pub. L.Pub. L. 103–325, title III, § 312
Stat.108 Stat. 2221
Pub. L.Pub. L. 104–208, div. A, title II, § 2103(b)
Cites 17 · showing 8Cited by 13 across 3 sources