(a) In general. This part shall not be construed as superseding, altering, or affecting any
statute, regulation, order, or interpretation in effect in any State, except to the extent that such
State statute, regulation, order, or interpretation is inconsistent with the provisions of this part,
and then only to the extent of the inconsistency.
(b) Greater protection under State law. For purposes of this section, a State statute,
regulation, order, or interpretation is not inconsistent with the provisions of this part if the
protection such statute, regulation, order, or interpretation affords any consumer is greater than
the protection provided under this part, as determined by the Federal Trade Commission, after
consultation with the Board, on the Federal Trade Commission’s own motion, or upon the
petition of any interested party.
BankersOnline is a free service made possible by the generous support of our advertisers and sponsors. Advertisers and sponsors are not responsible for site content. Please help us keep BankersOnline FREE to all banking professionals. Support our advertisers and sponsors by clicking through to learn more about their products and services.
Print Friendly!
Email This Article!
Discuss NOW!
