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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 15 U.S.C. § 1667e Applicability of State laws; exemptions by Bureau from leasing requirements us united_states_code code_section 15 COMMERCE AND TRADE 41 CONSUMER CREDIT PROTECTION 1667e 15 U.S.C. § 1667e current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc15@119-100.zip /us/usc/t15/s1667e data/legal/raw/us/code/title-15/usc15.xml 2b3dc498c7b9208e149ce675ba2b51a4e8195b3264f42e62185d6178631bcd1e 6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059 61195d7fc1cad620e475d11ebce1cd8edbd94cc594d9f0d60c22e5a0ea4ab54a 2026-07-04 official
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15 U.S.C. § 1667e - Applicability of State laws; exemptions by Bureau from leasing requirements

Text

(a) This part does not annul, alter, or affect, or exempt any person subject to the provisions of this part from complying with, the laws of any State with respect to consumer leases, except to the extent that those laws are inconsistent with any provision of this part, and then only to the extent of the inconsistency. The Bureau is authorized to determine whether such inconsistencies exist. The Bureau may not determine that any State law is inconsistent with any provision of this part if the Bureau determines that such law gives greater protection and benefit to the consumer.

(b) The Bureau shall by regulation exempt from the requirements of this part any class of lease 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 or that such law gives greater protection and benefit to the consumer, and that there is adequate provision for enforcement.

(Pub. L. 90321, title I, § 186, as added Pub. L. 94240, § 3, Mar. 23, 1976, 90 Stat. 260; amended Pub. L. 111203, title X, § 1100A(2), (10), July 21, 2010, 124 Stat. 2107, 2109.)

Notes

Editorial Notes

Amendments2010—Pub. L. 111203, § 1100A(2), (10), substituted “Bureau” for “Board”, “the Bureau” for “the Board”, and “The Bureau” for “The Board” wherever appearing.

Statutory Notes and Related Subsidiaries

Effective Date of 2010 AmendmentAmendment by Pub. L. 111203 effective on the designated transfer date, see section 1100H of Pub. L. 111203, set out as a note under section 552a of Title 5, Government Organization and Employees.