CFR 226 Sample Clauses
CFR 226, also known as Regulation Z, is a federal regulation that implements the Truth in Lending Act (TILA) to promote informed use of consumer credit by requiring clear disclosure of key terms and costs. It applies to a wide range of consumer credit transactions, such as mortgages, credit cards, and installment loans, mandating that lenders provide standardized information about interest rates, fees, and payment schedules. By ensuring transparency and comparability of credit terms, this clause helps consumers make better financial decisions and protects them from deceptive lending practices.
CFR 226. 15(e) The Caterer shall maintain full and accurate records/production worksheets that document:
CFR 226. 22(l)] and 2 CFR Appendix II to Part 200:
CFR 226. 6(i)(7)] No deduction in payment shall occur unless the SPONSOR has notified the FSMC in writing within forty-eight (48) hours of the meal service specifying the number of meals for which a deduction is to be made and describing the reasons for the deduction. Neither USDA nor OSPI assumes any liability for payment of differences between the number of SFSP meals delivered/prepared by the FSMC and the number of SFSP meals served by the sponsor that are eligible for reimbursement. [7 CFR 225.6(h)(2)(ix)]
CFR 226. Card issuers that intend to change credit insurance providers need only notify consumers that they may opt out of the new coverage. Should the Board interpret or amend Sec. 226.9(f) to address conversions from credit insurance to debt cancellation or debt suspension agreements? The Board should amend Sec 226.9(f) to address conversions from credit insurance to debt cancellation agreements, not conversion to debt suspension agreements. If so, is there a need to address conversions other than for credit card accounts? Yes, there is a need to address conversions for any type of credit for which credit insurance protection is sold on a monthly outstanding balance basis.