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§ 1693j. —  Suspension of obligations.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 15USC1693j]

 
                      TITLE 15--COMMERCE AND TRADE
 
                 CHAPTER 41--CONSUMER CREDIT PROTECTION
 
                SUBCHAPTER VI--ELECTRONIC FUND TRANSFERS
 
Sec. 1693j. Suspension of obligations

    If a system malfunction prevents the effectuation of an electronic 
fund transfer initiated by a consumer to another person, and such other 
person has agreed to accept payment by such means, the consumer's 
obligation to the other person shall be suspended until the malfunction 
is corrected and the electronic fund transfer may be completed, unless 
such other person has subsequently, by written request, demanded payment 
by means other than an electronic fund transfer.

(Pub. L. 90-321, title IX, Sec. 912, as added Pub. L. 95-630, title XX, 
Sec. 2001, Nov. 10, 1978, 92 Stat. 3737.)



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