15 U.S.C. § 1681x : US Code - Section 1681X: Corporate and technological circumvention prohibited
Search 15 U.S.C. § 1681x : US Code - Section 1681X: Corporate and technological circumvention prohibited
The Commission shall prescribe regulations, to become effective
not later than 90 days after December 4, 2003, to prevent a
consumer reporting agency from circumventing or evading treatment
as a consumer reporting agency described in section 1681a(p) of
this title for purposes of this subchapter, including -
(1) by means of a corporate reorganization or restructuring,
including a merger, acquisition, dissolution, divestiture, or
asset sale of a consumer reporting agency; or
(2) by maintaining or merging public record and credit account
information in a manner that is substantially equivalent to that
described in paragraphs (1) and (2) of section 1681a(p) of this
title, in the manner described in section 1681a(p) of this title.
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Credit reporting agencies