12 U.S.C. § 1786a
EDITORIAL NOTES
CODIFICATIONSection, act June 26, 1934, ch. 750, title II, §206A, as added Pub. L. 105-164 §3(b), Mar. 20, 1998, 112 Stat. 35; amended Pub. L. 109-351 §726(20), Oct. 13, 2006, 120 Stat. 2003, which related to regulation and examination of credit union organizations and service providers by the National Credit Union Administration Board, ceased to be effective as of Dec. 31, 2001, pursuant to subsec. (f) of the section.
- credit
- The term "credit" means the right granted by a person to a consumer to defer payment of a debt, incur debt and defer its payment, or purchase property or services and defer payment for such purchase.