California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 1.3 — Credit Cards, Section 1747.01

It is the intent of the Legislature that the provisions of this title as to which there are similar provisions in the federal Truth in Lending Act, as amended (15 U.S.C. 1601, et seq.), essentially conform, and be interpreted by anyone construing the provisions of this title to so conform, to the Truth in Lending Act and any rule, regulation, or interpretation promulgated thereunder by the Board of Governors of the Federal Reserve System, and any interpretation issued by an official or employee of the Federal Reserve System duly authorized to issue such interpretation.

Notes

Establishes legislative intent that provisions of the title having counterparts in the federal Truth in Lending Act essentially conform to that federal law. It directs persons construing those provisions to interpret them consistently with the federal act and with applicable rules, regulations, and authorized interpretations issued by the Federal Reserve System.

Use as reference

Lexinter.net | California Code, Civil Code - CIV § 1747.01 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-1-3/section-1747-01

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