§ 1633. —  Exemption for Stateregulated transactions.

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From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 15USC1633]

 
                      TITLE 15--COMMERCE AND TRADE
 
                 CHAPTER 41--CONSUMER CREDIT PROTECTION
 
              SUBCHAPTER I--CONSUMER CREDIT COST DISCLOSURE
 
                       Part B--Credit Transactions
 
Sec. 1633. Exemption for State-regulated transactions

    The Board shall by regulation exempt from the requirements of this 
part any class of credit transactions within any State if it determines 
that under the law of that State that class of transactions is subject 
to requirements substantially similar to those imposed under this part, 
and that there is adequate provision for enforcement.

(Pub. L. 90-321, title I, Sec. 123, May 29, 1968, 82 Stat. 152.)