non-Federally regulated lender

(2) Non-Federally regulated lender The term “non-Federally regulated lender” means a business concern if— (A) such concern is authorized by the Administrator to make loans under section 636 of this title ; (B) such concern is subject to regulation by a State; and (C) the lending activities of such concern are not regulated by any Federal banking authority.


15 USC § 632(r)(2)

Scoping language

As used in section 650
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