12 U.S.C. § 1129

Current through P.L. 118-106 (published on www.congress.gov on 10/04/2024)
Section 1129 - Repealed

12 U.S.C. § 1129

Pub. L. 92-181, title V, §5.26(a), Dec. 10, 1971, 85 Stat. 624

Section, act July 17, 1916, ch. 245, title II, §212, as added Mar. 4, 1923, ch. 252, title I, §2, 42 Stat. 1461, prohibited unauthorized charging of fees or commissions by intermediate credit banks.

credit
The term "credit" means the right granted by a person to a consumer to defer payment of a debt, incur debt and defer its payment, or purchase property or services and defer payment for such purchase.