Notes on 15 U.S.C. § 1606 : US Code - Notes

Search Notes on 15 U.S.C. § 1606 : US Code - Notes

(Pub. L. 90-321, title I, Sec. 107, May 29, 1968, 82 Stat. 149;
Pub. L. 96-221, title VI, Sec. 607, Mar. 31, 1980, 94 Stat. 170.)
AMENDMENTS
1980 - Subsec. (c). Pub. L. 96-221, Sec. 607(a), substituted
provisions relating to allowable tolerances for purposes of
compliance with disclosure requirements, for provisions relating to
rounding off of annual percentage rates which are converted from
single add-on or other rates.
Subsec. (e). Pub. L. 96-221, Sec. 607(b), struck out reference to
subsection (c) of this section.
Subsec. (f). Pub. L. 96-221, Sec. 607(c), struck out subsec. (f)
setting forth requirements for form of expressing percentage rates
prior to Jan. 1, 1971.
EFFECTIVE DATE OF 1980 AMENDMENT
Amendment by Pub. L. 96-221 effective on expiration of two years
and six months after Mar. 31, 1980, with all regulations, forms,
and clauses required to be prescribed to be promulgated at least
one year prior to such effective date, and allowing any creditor to
comply with any amendments, in accordance with the regulations,
forms, and clauses prescribed by the Board prior to such effective
date, see section 625 of Pub. L. 96-221, set out as a note under
section 1602 of this title.
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Determination of annual percentage rate

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