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15 U.S.C. § 1645 15 u.s.c. · consumer credit protection · title 15
15 U.S.C. § 1645
Business credit cards; limits on liability of employees
Title 15 USC
● ACTIVE
Ch. 41
Jurisdiction Federal — United States
Chapter CONSUMER CREDIT PROTECTION
Primary Source uscode.house.gov ↗
Federation ID OM-USC15-SEC-2AC1D3
STATUTORY TEXT primary source · verbatim · uscode.house.gov

U.S.C. Title 15 - COMMERCE AND TRADE 15 U.S.C. United States Code, 2023 Edition 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 From the U.S. Government Publishing Office, www.gpo.gov

§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 liability upon any employee with respect to unauthorized use of such a credit card except in accordance with and subject to the limitations of section 1643 of this title.

(Pub. L. 90–321, title I, §135, as added Pub. L. 93–495, title IV, §410(a), Oct. 28, 1974, 88 Stat. 1519.)

Statutory Notes and Related Subsidiaries

Effective Date Section effective Oct. 28, 1974, see section 416 of Pub. L. 93–495, set out as a note under section 1665a of this title.

Source: uscode.house.gov — public domain Official Source ↗
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The statutory text of 15 U.S.C. § 1645 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
OakMorel Law
15 U.S.C.
Citation
15 U.S.C. § 1645
Status
● ACTIVE
Chapter
41 — CONSUMER CREDIT PROTECTION
Title
Commerce and Trade
Jurisdiction
Federal
Federation ID
OM-USC15-SEC-2AC1D3
Root-LD Spec
v1.0
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Commerce and Trade — 15 U.S.C. § 1645