12 U.S.C. § 249
Current through P.L. 118-47 (published on www.congress.gov on 03/23/2024)
12 U.S.C. § 249
Section, act Aug. 8, 1947, ch. 517, 61 Stat. 921, dealt with regulation of consumer credit.
STATUTORY NOTES AND RELATED SUBSIDIARIES
SAVINGS PROVISIONRepeal by Pub. L. 94-412 not to affect any action taken or proceeding pending at the time of repeal, see section 501(h) of Pub. L. 94-412 set out as a note under section 1601 of Title 50, War and National Defense.
- consumer
- The term "consumer" means an individual or an agent, trustee, or representative acting on behalf of an individual.
- 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.