US CODE: Title 15,1693k. Compulsory use of electronic fund transfers

TITLE 15 > CHAPTER 41 > SUBCHAPTER VI > § 1693k

§ 1693k. Compulsory use of electronic fund transfers

No person may—

(1) condition the extension of credit to a consumer on such consumer’s repayment by means of preauthorized electronic fund transfers; or

(2) require a consumer to establish an account for receipt of electronic fund transfers with a particular financial institution as a condition of employment or receipt of a government benefit.

Notes
No Pending Update(s)
Parallel authorities (CFR)
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