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ecfr update: 2024-12-23
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wpears authored and github-actions[bot] committed Dec 27, 2024
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Expand Up @@ -4756,6 +4756,8 @@ Cross Reference
Link to an amendment published at 89 FR 82942, Oct. 15, 2024.
Cross Reference
Link to an amendment published at 89 FR 95083, Dec. 2, 2024.
Cross Reference
Link to an amendment published at 89 FR 104400, Dec. 23, 2024.
Introduction
1. Official status. This commentary is the vehicle by which the Bureau of Consumer Financial Protection issues official interpretations of Regulation Z. Good faith compliance with this commentary affords protection from liability under section 130(f) of the Truth in Lending Act. Section 130(f) (15 U.S.C. 1640) protects creditors from civil liability for any act done or omitted in good faith in conformity with any interpretation issued by a duly authorized official or employee of the Bureau of Consumer Financial Protection.
2. Procedure for requesting interpretations. Under appendix C of the regulation, anyone may request an official interpretation. Interpretations that are adopted will be incorporated in this commentary following publication in the Federal Register. No official interpretations are expected to be issued other than by means of this commentary.
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