2017 US Code
Title 15 - Commerce and Trade
Chapter 41 - Consumer Credit Protection
Subchapter I - Consumer Credit Cost Disclosure
Part D - Credit Billing
Sec. 1666e - Notification of credit card issuer by seller of return of goods, etc., by obligor; credit for account of obligor

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Citation 15 U.S.C. § 1666e (2017)
Section Name §1666e. Notification of credit card issuer by seller of return of goods, etc., by obligor; credit for account of obligor
Section Text

With respect to any sales transaction where a credit card has been used to obtain credit, where the seller is a person other than the card issuer, and where the seller accepts or allows a return of the goods or forgiveness of a debit for services which were the subject of such sale, the seller shall promptly transmit to the credit card issuer, a credit statement with respect thereto and the credit card issuer shall credit the account of the obligor for the amount of the transaction.

Source Credit

(Pub. L. 90–321, title I, §166, as added Pub. L. 93–495, title III, §306, Oct. 28, 1974, 88 Stat. 1514.)

Publication Title United States Code, 2012 Edition, Supplement 5, Title 15 - COMMERCE AND TRADE
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 15 - COMMERCE AND TRADE
CHAPTER 41 - CONSUMER CREDIT PROTECTION
SUBCHAPTER I - CONSUMER CREDIT COST DISCLOSURE
Part D - Credit Billing
Sec. 1666e - Notification of credit card issuer by seller of return of goods, etc., by obligor; credit for account of obligor
Contains section 1666e
Date 2017
Laws In Effect As Of Date January 12, 2018
Positive Law No
Disposition standard
Statutes at Large References 88 Stat. 1514
Public Law References Public Law 90-321, Public Law 93-495
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