US Laws, Codes, Statutes & Cases

From the U.S. Code Online via GPO Access
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[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 15USC1645]

 
                      TITLE 15--COMMERCE AND TRADE
 
                 CHAPTER 41--CONSUMER CREDIT PROTECTION
 
              SUBCHAPTER I--CONSUMER CREDIT COST DISCLOSURE
 
                       Part B--Credit Transactions
 
Sec. 1645. Business credit cards; limits on liability of 
        employees
        
    The exemption provided by section 1603(1) of this title does not 
apply to the provisions of sections 1642, 1643, and 1644 of this title, 
except that a card issuer and a business or other organization which 
provides credit cards issued by the same card issuer to ten or more of 
its employees may by contract agree as to liability of the business or 
other organization with respect to unauthorized use of such credit cards 
without regard to the provisions of section 1643 of this title, but in 
no case may such business or other organization or card issuer impose 
liab