Source: http://uscode.house.gov/view.xhtml?req=(title:15%20section:1650%20edition:prelim)
Timestamp: 2019-02-20 02:51:55
Document Index: 130208661

Matched Legal Cases: ['§ 1650', '§140', '§1011', '§304', '§1100', '§601', '§1070', '§601', '§601']

[USC04] 15 USC 1650: Preventing unfair and deceptive private educational lending practices and eliminating conflicts of interest
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15 USC 1650: Preventing unfair and deceptive private educational lending practices and eliminating conflicts of interest Text contains those laws in effect on February 18, 2019
(1) the term "cosigner"-
(2) the term "covered educational institution"-
(3) the term "gift"-
(ii) includes an item described in clause (i) provided to a family member of an officer, employee, or agent of a covered educational institution, or to any other individual based on that individual's relationship with the officer, employee, or agent, if-
(iv) the provision of financial literacy counseling or services, including counseling or services provided in coordination with a covered educational institution, to the extent that such counseling or services are not undertaken to secure-
(7) the term "private educational lender" means-
(8) the term "private education loan"-
(A) means a loan provided by a private educational lender that-
(9) the term "revenue sharing" means an arrangement between a covered educational institution and a private educational lender under which-
A private educational lender may not, directly or indirectly-
No card issuer or creditor may offer to a student at an institution of higher education any tangible item to induce such student to apply for or participate in an open end consumer credit plan offered by such card issuer or creditor, if such offer is made-
(Pub. L. 90–321, title I, §140, as added Pub. L. 110–315, title X, §1011(a), Aug. 14, 2008, 122 Stat. 3479 ; amended Pub. L. 111–24, title III, §304, May 22, 2009, 123 Stat. 1749 ; Pub. L. 111–203, title X, §1100A(2), July 21, 2010, 124 Stat. 2107 ; Pub. L. 115–174, title VI, §601(a), May 24, 2018, 132 Stat. 1365 .)
The Higher Education Act of 1965, referred to in subsec. (a)(3)(B)(iv)(II), (8)(A)(i), is Pub. L. 89–329, Nov. 8, 1965, 79 Stat. 1219 . Title IV of the Act is classified generally to subchapter IV (§1070 et seq.) of chapter 28 of Title 20, Education. For complete classification of this Act to the Code, see Short Title note set out under section 1001 of Title 20 and Tables.
2018-Subsec. (a). Pub. L. 115–174, §601(a)(1), added par. (1) and redesignated former pars. (1) to (8) as (2) to (9), respectively.
2010-Subsec. (f)(2)(B). Pub. L. 111–203 substituted "Bureau" for "Board".
2009-Subsec. (f). Pub. L. 111–24 added subsec. (f).
Pub. L. 115–174, title VI, §601(b), May 24, 2018, 132 Stat. 1365 , provided that: "The amendments made by subsection (a) [amending this section] shall only apply to private education loan agreements entered into on or after the date that is 180 days after the date of enactment of this Act [May 24, 2018]."