US CODE COLLECTION
|TITLE 15 > CHAPTER 41 > SUBCHAPTER VI > Sec. 1693.||Next|
Sec. 1693. - Congressional findings and declaration of purpose
(a) Rights and liabilities undefined
The Congress finds that the use of electronic systems to transfer funds provides the potential for substantial benefits to consumers. However, due to the unique characteristics of such systems, the application of existing consumer protection legislation is unclear, leaving the rights and liabilities of consumers, financial institutions, and intermediaries in electronic fund transfers undefined.
|Search this title: |
Parallel authorities (CFR)