15 U.S.C. · Commerce and Trade
15 U.S.C. § 1642

Issuance of credit cards

Ch. 41 — CONSUMER CREDIT PROTECTION
Title 15 U.S.C. ● ACTIVE Primary Source Ch. 41
Statutory Text

15 U.S.C. § 1642 — Issuance of credit cards

U.S.C. Title 15 - COMMERCE AND TRADE 15 U.S.C. United States Code, 2023 Edition Title 15 - COMMERCE AND TRADE CHAPTER 41 - CONSUMER CREDIT PROTECTION SUBCHAPTER I - CONSUMER CREDIT COST DISCLOSURE Part B - Credit Transactions Sec. 1642 - Issuance of credit cards From the U.S. Government Publishing Office, www.gpo.gov

§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.

(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 Date Pub. 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]."

Source: uscode.house.gov — public domain Official Source ↗
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The statutory text of 15 U.S.C. § 1642 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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