2012 US Code
Title 15 - Commerce and Trade
Chapter 41 - CONSUMER CREDIT PROTECTION (§§ 1601 - 1693r)
Subchapter I - CONSUMER CREDIT COST DISCLOSURE (§§ 1601 - 1667f)
Part B - Credit Transactions (§§ 1631 - 1651)
Section 1642 - Issuance of credit cards

View Metadata
Metadata
Publication TitleUnited States Code, 2012 Edition, Title 15 - COMMERCE AND TRADE
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 15 - COMMERCE AND TRADE
CHAPTER 41 - CONSUMER CREDIT PROTECTION
SUBCHAPTER I - CONSUMER CREDIT COST DISCLOSURE
Part B - Credit Transactions
Sec. 1642 - Issuance of credit cards
Containssection 1642
Date2012
Laws in Effect as of DateJanuary 15, 2013
Positive LawNo
Dispositionstandard
Source CreditPub. L. 90-321, title I, §132, as added Pub. L. 91-508, title V, §502(a), Oct. 26, 1970, 84 Stat. 1126.
Statutes at Large References84 Stat. 1126, 1127
Public Law ReferencesPublic Law 90-321, Public Law 91-508

Download PDF

Credit Transactions - 15 U.S.C. § 1642 (2012)
§1642. Issuance of credit cards

No credit card shall be issued except in response to a request or application therefor. This prohibition does not apply to the issuance of a credit card in renewal of, or in substitution for, an accepted credit card.

(Pub. L. 90–321, title I, §132, as added Pub. L. 91–508, title V, §502(a), Oct. 26, 1970, 84 Stat. 1126.)

Effective Date

Pub. L. 91–508, title V, §503(1), Oct. 26, 1970, 84 Stat. 1127, provided that: “Section 132 of such Act [this section] takes effect on date of enactment of this title [Oct. 26, 1970].”

Disclaimer: These codes may not be the most recent version. The United States Government Printing Office may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the US site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.