15 U.S.C. § 1666e: Notification of credit card issuer by seller of return of goods, etc., by obligor; credit for account of obligor
Where this section sits in the code
- Title 15—COMMERCE AND TRADE
- CHAPTER 41—CONSUMER CREDIT PROTECTION
With respect to any sales transaction where a credit card has been used to obtain credit, where the seller is a person other than the card issuer, and where the seller accepts or allows a return of the goods or forgiveness of a debit for services which were the subject of such sale, the seller shall promptly transmit to the credit card issuer, a credit statement with respect thereto and the credit card issuer shall credit the account of the obligor for the amount of the transaction.
Collected 2026-09-10T05:56:39Z. Source file · JSON