OTS SAYS CALIF. CREDIT CARD LAW DOES NOT APPLY TO FEDERAL THRIFTS Calif. Minimum Payment Statute | Secondary Sources | Westlaw

OTS SAYS CALIF. CREDIT CARD LAW DOES NOT APPLY TO FEDERAL THRIFTS Calif. Minimum Payment Statute | Secondary Sources | Westlaw

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OTS SAYS CALIF. CREDIT CARD LAW DOES NOT APPLY TO FEDERAL THRIFTS Calif. Minimum Payment Statute

8 No. 10 ANBLLLR 12Andrews' Bank & Lender Liability Litigation Reporter (Approx. 2 pages)

OTS SAYS CALIF. CREDIT CARD LAW DOES NOT APPLY TO FEDERAL THRIFTS Calif. Minimum Payment Statute

8 No. 10 ANBLLLR 12Andrews' Bank & Lender Liability Litigation Reporter (Approx. 2 pages)

8 No. 10 Andrews' Bank & Lender Liab. Litig. Rep. 12
Andrews' Bank & Lender Liability Litigation Reporter
October 17, 2002
Regulatory Action:
Copyright (c) 2002 Andrews Publications

OTS SAYS CALIF. CREDIT CARD LAW DOES NOT APPLY TO FEDERAL THRIFTS

Calif. Minimum Payment Statute

The Office of Thrift Supervision has determined that federal law preempts a California statute requiring banks that issue credit cards to give cardholders estimates of the amount of time it will take to pay off loan balances. Preemption of California...
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