15 U.S.C. §1692o. Exemption for State regulation

15 U.S.C.
United States Code, 2011 Edition
Title 15 – COMMERCE AND TRADE
CHAPTER 41 – CONSUMER CREDIT PROTECTION
SUBCHAPTER V – DEBT COLLECTION PRACTICES
Sec. 1692o – Exemption for State regulation
From the U.S. Government Printing Office, www.gpo.gov

§1692o. Exemption for State regulation

The Bureau shall by regulation exempt from the requirements of this subchapter any class of debt collection practices within any State if the Bureau determines that under the law of that State that class of debt collection practices is subject to requirements substantially similar to those imposed by this subchapter, and that there is adequate provision for enforcement.

(Pub. L. 90–321, title VIII, §817, as added Pub. L. 95–109, Sept. 20, 1977, 91 Stat. 883; amended Pub. L. 111–203, title X, §1089(1), July 21, 2010, 124 Stat. 2092.)

Amendments

2010—Pub. L. 111–203 substituted “Bureau” for “Commission” in two places.

Effective Date of 2010 Amendment

Amendment by Pub. L. 111–203 effective on the designated transfer date, see section 1100H of Pub. L. 111–203, set out as a note under section 552a of Title 5, Government Organization and Employees.