§ 1693q. — Relation to State laws.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 15USC1693q]
TITLE 15--COMMERCE AND TRADE
CHAPTER 41--CONSUMER CREDIT PROTECTION
SUBCHAPTER VI--ELECTRONIC FUND TRANSFERS
Sec. 1693q. Relation to State laws
This subchapter does not annul, alter, or affect the laws of any
State relating to electronic fund transfers, except to the extent that
those laws are inconsistent with the provisions of this subchapter, and
then only to the extent of the inconsistency. A State law is not
inconsistent with this subchapter if the protection such law affords any
consumer is greater than the protection afforded by this subchapter. The
Board shall, upon its own motion or upon the request of any financial
institution, State, or other interested party, submitted in accordance
with procedures prescribed in regulations of the Board, determine
whether a State requirement is inconsistent or affords greater
protection. If the Board determines that a State requirement is
inconsistent, financial institutions shall incur no liability under the
law of that State for a good faith failure to comply with that law,
notwithstanding that such determination is subsequently amended,
rescinded, or determined by judicial or other authority to be invalid
for any reason. This subchapter does not extend the applicability of any
such law to any class of persons or transactions to which it would not
otherwise apply.
(Pub. L. 90-321, title IX, Sec. 919, as added Pub. L. 95-630, title XX,
Sec. 2001, Nov. 10, 1978, 92 Stat. 3741.)
