16 CFR 680.28 - Effective date, compliance date, and prospective application.

Regulations last checked for updates: Nov 22, 2024

Title 16 - Commercial Practices last revised: Nov 20, 2024

View all text of Part 680 [§ 680.1 - § 680.28]

§ 680.28 - Effective date, compliance date, and prospective application.

(a) Effective date. This part is effective January 1, 2008.

(b) Mandatory compliance date. Compliance with this part is required not later than October 1, 2008.

(c) Prospective application. The provisions of this part shall not prohibit you from using eligibility information that you receive from an affiliate to make solicitations to a consumer if you receive such information prior to October 1, 2008. For purposes of this section, you are deemed to receive eligibility information when such information is placed into a common database and is accessible by you.

authority: 12 U.S.C. 5519(d); 15 U.S.C. 1681s-3; 15 U.S.C. 1681s-3 note

source: 72 FR 61455, Oct. 30, 2007, unless otherwise noted.

cite as: 16 CFR 680.28