Tap any paragraph to write a margin note. Your notes collect in the Desk below the text and file under cases with @. The side-by-side margin rail opens on a larger screen.

Code · U.S. Code · Title 15 - COMMERCE AND TRADE · CHAPTER 41— CONSUMER CREDIT PROTECTION · SUBCHAPTER VI— ELECTRONIC FUND TRANSFERS · § 1693

§ 1693. Congressional findings and declaration of purpose

393 words·~2 min read·/usc/title-15/section-1693

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

(a)Rights and liabilities undefined The Congress finds that the use of electronic systems to transfer funds provides the potential for substantial benefits to consumers. However, due to the unique characteristics of such systems, the application of existing consumer protection legislation is unclear, leaving the rights and liabilities of consumers, financial institutions, and intermediaries in electronic fund transfers undefined.
(b)Purposes It is the purpose of this subchapter to provide a basic framework establishing the rights, liabilities, and responsibilities of participants in electronic fund and remittance transfer systems. The primary objective of this subchapter, however, is the provision of individual consumer rights.
(Pub. L. 90–321, title IX, § 902, as added Pub. L. 95–630, title XX, § 2001, Nov. 10, 1978, 92 Stat. 3728; amended Pub. L. 111–203, title X, § 1073(a)(1), July 21, 2010, 124 Stat. 2060.)
Connections353 cite this · traces to 2
Cited by 353 sections · top 60
register
statute-compilations
16 references not yet in our index
  • Pub. L. 90–321, title IX, § 902
  • Pub. L. 95–630, title XX, § 2001
  • 92 Stat. 3728
  • Pub. L. 111–203, title X, § 1073(a)(1)
  • 124 Stat. 2060
  • Pub. L. 111–203
  • section 4 of Pub. L. 111–203
  • Pub. L. 90–321, title IX, § 923
  • 92 Stat. 3741
  • Pub. L. 111–24, title IV, § 401(1)
  • 123 Stat. 1751
  • Pub. L. 111–203, title X, § 1073(a)(3)
  • Pub. L. 111–203, § 1073(a)(3)
  • section 922 of Pub. L. 90–321
  • section 921 of Pub. L. 90–321
  • Pub. L. 111–24, § 401(1)
Citation graph
cites case law
§ 1693
Congressional findings and declaration of purpose
Fed. Reg.×264
Bills×39
Stat.×19
U.S.C.×17
C.F.R.×6
Stat. Comp.×4
IRM×2
Pub. L.Pub. L. 90–321, title IX, § 902
Pub. L.Pub. L. 95–630, title XX, § 2001
Stat.92 Stat. 3728
Pub. L.Pub. L. 111–203, title X, § 1073(a)(1)
Stat.124 Stat. 2060
Cites 18 · showing 7Cited by 353 across 9 sources
★   the supreme law of the land   ★
Don't Tread on Me
E Pluribus Unum — out of many, one

"If you don't know your rights, you don't have any."

Marginalia · a citizen's law index
A research desk, not legal advice. Always read the cited source before relying on a summary.
Questions or an issue? support@self-law.org
disclaimerMarginalia is a research index, not a law firm. Nothing on this site is legal, tax, or financial advice and no attorney–client relationship is formed by using it. Statutes, regulations, and case law change; summaries, search results, AI output, and member posts may be incomplete, out of date, or wrong. Any interpretation drawn from material on this site should be validated by a licensed attorney in your jurisdiction before you act on it.