source:
  type: regulation
  id: tila-15usc-1649
  authority: TILA (Truth in Lending Act, 15 U.S.C.) § 1649 — Certain limitations on liability
  description: 'TILA (Truth in Lending Act, 15 U.S.C.), §1649 Certain limitations on liability. Captured section-complete
    from Cornell LII (verbatim).

    '
obligations:
- id: tila-15usc-1649-a
  canonical_id: tila-15usc-1649-a
  section: 15 U.S.C. §1649(a)
  description: 'Certain limitations on liability — (a): (a) Limitations on liability For any closed end consumer
    credit transaction that is secured by real property or a dwelling, that is subject to this subchapter, and that
    is consummated before September 30, 1995 , a creditor or any assignee of a creditor shall have no civil, administrative,
    or crimina…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  - usc-statute
  primary_source:
    tier: 1
    authority: TILA (Truth in Lending Act, 15 U.S.C.) § 1649
    source_class: usc-statute-lii
    source_url: https://www.law.cornell.edu/uscode/text/15/1649
    snapshot_id: 5c98a3b0a018277c
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:c42f0f3e700b833021b217df30fa18847dcce6cabcd6cdc51840102e74548a85
    paragraph_quote: (a) Limitations on liability For any closed end consumer credit transaction that is secured
      by real property or a dwelling, that is subject to this subchapter, and that is consummated before September
      30, 1995 , a creditor or any assignee of a creditor shall have no civil, administrative, or criminal liability
      under this subchapter for, and a consumer shall have no extended rescission rights under section 1635(f) of
      this title with respect to— (1) the creditor ’s treatment, for disclosure purposes, of— (A) taxes described
      in section 1605(d)(3) of this title ; (B) fees described in section 1605(e)(2) and (5) of this title; (C)
      fees and amounts referred to in the 3rd sentence of section 1605(a) of this title ; or (D) borrower-paid mortgage
      broker fees referred to in section 1605(a)(6) of this title ; (2) the form of written notice used by the creditor
      to inform the obligor of the rights of the obligor under section 1635 of this title if the creditor provided
      the obligor with a properly dated form of written notice published and adopted by the Bureau or a comparable
      written notice, and otherwise complied with all the requirements of this section regarding notice; or (3)
      any disclosure relating to the finance charge imposed with respect to the transaction if the amount or percentage
      actually disclosed— (A) may be treated as accurate for purposes of this subchapter if the amount disclosed
      as the finance charge does not vary from the actual finance charge by more than $200; (B) may, under section
      1605(f)(2) of this title , be treated as accurate for purposes of section 1635 of this title ; or (C) is greater
      than the amount or percentage required to be disclosed under this subchapter.
    drafter_attestation: Verbatim slice of 15 U.S.C. §1649 subsection (a) from Cornell LII snapshot 5c98a3b0a018277c;
      body isolated between nav and Editorial/Statutory Notes; substring-verified.
  judgment: false
- id: tila-15usc-1649-b
  canonical_id: tila-15usc-1649-b
  section: 15 U.S.C. §1649(b)
  description: 'Certain limitations on liability — (b): (b) Exceptions Subsection (a) shall not apply to— (1) any
    individual action or counterclaim brought under this subchapter which was filed before June 1, 1995 ; (2) any
    class action brought under this subchapter for which a final order certifying a class was entered before January
    1, 1995 ; (3) the n…'
  type: dont
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  - usc-statute
  primary_source:
    tier: 1
    authority: TILA (Truth in Lending Act, 15 U.S.C.) § 1649
    source_class: usc-statute-lii
    source_url: https://www.law.cornell.edu/uscode/text/15/1649
    snapshot_id: 5c98a3b0a018277c
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:c42f0f3e700b833021b217df30fa18847dcce6cabcd6cdc51840102e74548a85
    paragraph_quote: (b) Exceptions Subsection (a) shall not apply to— (1) any individual action or counterclaim
      brought under this subchapter which was filed before June 1, 1995 ; (2) any class action brought under this
      subchapter for which a final order certifying a class was entered before January 1, 1995 ; (3) the named individual
      plaintiffs in any class action brought under this subchapter which was filed before June 1, 1995 ; or (4)
      any consumer credit transaction with respect to which a timely notice of rescission was sent to the creditor
      before June 1, 1995 . ( Pub. L. 90–321, title I, § 139 , as added Pub. L. 104–29, § 4(a) , Sept. 30, 1995
      , 109 Stat. 273 ; amended Pub. L. 104–208, div. A, title II, § 2107(a) , Sept. 30, 1996 , 110 Stat. 3009–402
      ; Pub. L. 111–203, title X, § 1100A(2) , July 21, 2010 , 124 Stat. 2107 .)
    drafter_attestation: Verbatim slice of 15 U.S.C. §1649 subsection (b) from Cornell LII snapshot 5c98a3b0a018277c;
      body isolated between nav and Editorial/Statutory Notes; substring-verified.
  judgment: false
