12 CFR 714.10
§ 714.10 What other laws must you comply with when engaged in leasing?
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 714.10, § 714.10 What other laws must you comply with when engaged in leasing?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/48629
- Permanent ID
ys:prov:48629@1- SHA-256
977d4530a55d74c6217fa8301b1500e04aa81f73b03d16ae4495d9968a5f5dc2
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
You must comply with the Consumer Leasing Act, 15 U.S.C. 1667-67f, and its implementing regulation, Regulation M, 12 CFR part 1013. You must comply with state laws on consumer leasing, but only to the extent that the state leasing laws are consistent with the Consumer Leasing Act, 15 U.S.C. 1667e, or provide the member with greater protections or benefits than the Consumer Leasing Act. You are also subject to the lending rules set forth in § 701.21 of this chapter, except as provided in §§ 714.8 and 714.9 of this part. The lending rules in § 701.21 address the preemption of other state and federal laws that impact on credit transactions.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.