15 U.S.C. § 1642

Current through P.L. 118-106 (published on www.congress.gov on 10/04/2024)
Section 1642 - Issuance of credit cards

No credit card shall be issued except in response to a request or application therefor. This prohibition does not apply to the issuance of a credit card in renewal of, or in substitution for, an accepted credit card.

15 U.S.C. § 1642

Pub. L. 90-321, title I, §132, as added Pub. L. 91-508, title V, §502(a), Oct. 26, 1970, 84 Stat. 1126.

STATUTORY NOTES AND RELATED SUBSIDIARIES

EFFECTIVE DATEPub. L. 91-508, title V, §503(1), Oct. 26, 1970, 84 Stat. 1127, provided that: "Section 132 of such Act [this section] takes effect on date of enactment of this title [Oct. 26, 1970]."