TILA (Truth in Lending Act, 15 U.S.C.) § 1633 — Exemption for State-regulated transactions

tila-15usc-1633

TILA (Truth in Lending Act, 15 U.S.C.), §1633 Exemption for State-regulated transactions. Captured section-complete from Cornell LII (verbatim).

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source:
  type: regulation
  id: tila-15usc-1633
  authority: TILA (Truth in Lending Act, 15 U.S.C.) § 1633 — Exemption for State-regulated transactions
  description: |
    TILA (Truth in Lending Act, 15 U.S.C.), §1633 Exemption for State-regulated transactions. Captured section-complete from Cornell LII (verbatim).
obligations:
  - id: tila-15usc-1633-full
    canonical_id: tila-15usc-1633-full
    section: 15 U.S.C. §1633
    description: 'Exemption for State-regulated transactions: The Bureau shall by regulation exempt from the requirements of this part any class of credit 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, and that there is…'
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    primary_source:
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      authority: TILA (Truth in Lending Act, 15 U.S.C.) § 1633
      source_class: usc-statute-lii
      source_url: https://www.law.cornell.edu/uscode/text/15/1633
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      fetched_at: '2026-06-18T00:00:00+00:00'
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      paragraph_quote: The Bureau shall by regulation exempt from the requirements of this part any class of credit 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, and that there is adequate provision for enforcement. ( Pub. L. 90–321, title I, § 123 , May 29, 1968 , 82 Stat. 152 ; Pub. L. 111–203, title X, § 1100A(2) , July 21, 2010 , 124 Stat. 2107 .)
      drafter_attestation: Verbatim slice of 15 U.S.C. §1633 from Cornell LII snapshot 23acc50e273a4e9c; body isolated between nav and Editorial/Statutory Notes; substring-verified.

Verbatim regulatory text (1)

Verbatim provisions from TILA (Truth in Lending Act, 15 U.S.C.) § 1633 — Exemption for State-regulated transactions — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.

15 U.S.C. §1633

The Bureau shall by regulation exempt from the requirements of this part any class of credit 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, and that there is adequate provision for enforcement. ( Pub. L. 90–321, title I, § 123 , May 29, 1968 , 82 Stat. 152 ; Pub. L. 111–203, title X, § 1100A(2) , July 21, 2010 , 124 Stat. 2107 .)

Source: TILA (Truth in Lending Act, 15 U.S.C.) § 1633 · source URL · snapshot 23acc50e273a4e9c