FEDERAL · 15 U.S.C. · Chapter SUBCHAPTER I—CONSUMER CREDIT COST DISCLOSURE
Notification of credit card issuer by seller of return of goods, etc., by obligor; credit for account of obligor
15 U.S.C. § 1666e
This text of 15 U.S.C. § 1666e (Notification of credit card issuer by seller of return of goods, etc., by obligor; credit for account of obligor) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
15 U.S.C. § 1666e.
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.
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Related
In Re Standard Financial Management Corp.
94 B.R. 231 (D. Massachusetts, 1988)
William Lyons v. PNC Bank, N.A.
(Fourth Circuit, 2024)
Lifschitz v. American Express Co.
560 F. Supp. 458 (E.D. Pennsylvania, 1983)
Source Credit
History
(Pub. L. 90–321, title I, §166, as added Pub. L. 93–495, title III, §306, Oct. 28, 1974, 88 Stat. 1514.)
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Bluebook (online)
15 U.S.C. § 1666e, Counsel Stack Legal Research, https://law.counselstack.com/usc/15/1666e.