12 CFR 41.28 - Effective date, compliance date, and prospective application.
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(b) Mandatory compliance date. Compliance with this subpart is required not later than October 1, 2008.
(c) Prospective application. The provisions of this subpart shall not prohibit a bank from using eligibility information that it receives from an affiliateto make solicitations to a consumer if the bank receives such information prior to October 1, 2008. For purposes of this section, a bank is deemed to receive eligibility information when such information is placed into a common database and is accessible by the bank.
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