legislation: 94-s-3652

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
94-s-3652 94 s 3652 Consumer Loan Contracts Act Commerce 1976-07-01 1976-07-01 Referred to Senate Committee on Commerce. Senate Sen. Garn, E. J. (Jake) [R-UT] UT R G000072 5 Consumer Loan Contracts Act - Prohibits consumers from asserting a claim or defense on a consumer loan contract against a creditor who purchased such contract from the seller of the consumer goods if such creditor is a holder in due course. Directs the Board of Governors of the Federal Reserve system to exempt from the requirements of this Act any class of consumer loans within any State if it determines that under the law of that State that class of loans is subject to requirements which afford the individual greater protection than is afforded under this Act, and that there is adequate provision for enforcement. 2025-09-02T18:52:27Z  

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