
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 15USC1691a]

 
                      TITLE 15--COMMERCE AND TRADE
 
                 CHAPTER 41--CONSUMER CREDIT PROTECTION
 
                 SUBCHAPTER IV--EQUAL CREDIT OPPORTUNITY
 
Sec. 1691a. Definitions; rules of construction

    (a) The definitions and rules of construction set forth in this 
section are applicable for the purposes of this subchapter.
    (b) The term ``applicant'' means any person who applies to a 
creditor directly for an extension, renewal, or continuation of credit, 
or applies to a creditor indirectly by use of an existing credit plan 
for an amount exceeding a previously established credit limit.
    (c) The term ``Board'' refers to the Board of Governors of the 
Federal Reserve System.
    (d) The term ``credit'' means the right granted by a creditor to a 
debtor to defer payment of debt or to incur debts and defer its payment 
or to purchase property or services and defer payment therefor.
    (e) The term ``creditor'' means any person who regularly extends, 
renews, or continues credit; any person who regularly arranges for the 
extension, renewal, or continuation of credit; or any assignee of an 
original creditor who participates in the decision to extend, renew, or 
continue credit.
    (f) The term ``person'' means a natural person, a corporation, 
government or governmental subdivision or agency, trust, estate, 
partnership, cooperative, or association.
    (g) Any reference to any requirement imposed under this subchapter 
or any provision thereof includes reference to the regulations of the 
Board under this subchapter or the provision thereof in question.

(Pub. L. 90-321, title VII, Sec. 702, as added Pub. L. 93-495, title V, 
Sec. 503, Oct. 28, 1974, 88 Stat. 1522.)

                  Section Referred to in Other Sections

    This section is referred to in section 1691d of this title.
