source:
  type: regulation
  id: ecoa-15usc-1691b
  authority: ECOA (Equal Credit Opportunity Act, 15 U.S.C.) § 1691b — Promulgation of regulations by the Bureau
  description: 'ECOA (Equal Credit Opportunity Act, 15 U.S.C.), §1691b Promulgation of regulations by the Bureau.
    Captured section-complete from Cornell LII (verbatim).

    '
obligations:
- id: ecoa-15usc-1691b-a
  canonical_id: ecoa-15usc-1691b-a
  section: 15 U.S.C. §1691b(a)
  description: 'Promulgation of regulations by the Bureau — (a): (a) In general The Bureau shall prescribe regulations
    to carry out the purposes of this subchapter. These regulations may contain but are not limited to such classifications,
    differentiation, or other provision, and may provide for such adjustments and exceptions for any class of transactions,
    as in…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  - usc-statute
  primary_source:
    tier: 1
    authority: ECOA (Equal Credit Opportunity Act, 15 U.S.C.) § 1691b
    source_class: usc-statute-lii
    source_url: https://www.law.cornell.edu/uscode/text/15/1691b
    snapshot_id: 9a1cdacbd64004db
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:0dfa88b5a69e8eaca405f9cac0f5b3094c09a80f3620fa67fa58612fe7ecb4bf
    paragraph_quote: (a) In general The Bureau shall prescribe regulations to carry out the purposes of this subchapter.
      These regulations may contain but are not limited to such classifications, differentiation, or other provision,
      and may provide for such adjustments and exceptions for any class of transactions, as in the judgment of the
      Bureau are necessary or proper to effectuate the purposes of this subchapter, to prevent circumvention or
      evasion thereof, or to facilitate or substantiate compliance therewith.
    drafter_attestation: Verbatim slice of 15 U.S.C. §1691b subsection (a) from Cornell LII snapshot 9a1cdacbd64004db;
      body isolated between nav and Editorial/Statutory Notes; substring-verified.
  judgment: false
- id: ecoa-15usc-1691b-b
  canonical_id: ecoa-15usc-1691b-b
  section: 15 U.S.C. §1691b(b)
  description: 'Promulgation of regulations by the Bureau — (b): (b) Exempt transactions Such regulations may exempt
    from the provisions of this subchapter any class of transactions that are not primarily for personal, family,
    or household purposes, or business or commercial loans made available by a financial institution, except that
    a particular type within a c…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  - usc-statute
  primary_source:
    tier: 1
    authority: ECOA (Equal Credit Opportunity Act, 15 U.S.C.) § 1691b
    source_class: usc-statute-lii
    source_url: https://www.law.cornell.edu/uscode/text/15/1691b
    snapshot_id: 9a1cdacbd64004db
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:0dfa88b5a69e8eaca405f9cac0f5b3094c09a80f3620fa67fa58612fe7ecb4bf
    paragraph_quote: (b) Exempt transactions Such regulations may exempt from the provisions of this subchapter
      any class of transactions that are not primarily for personal, family, or household purposes, or business
      or commercial loans made available by a financial institution, except that a particular type within a class
      of such transactions may be exempted if the Bureau determines, after making an express finding that the application
      of this subchapter or of any provision of this subchapter of such transaction would not contribute substantially
      to effecting the purposes of this subchapter.
    drafter_attestation: Verbatim slice of 15 U.S.C. §1691b subsection (b) from Cornell LII snapshot 9a1cdacbd64004db;
      body isolated between nav and Editorial/Statutory Notes; substring-verified.
  judgment: false
- id: ecoa-15usc-1691b-c
  canonical_id: ecoa-15usc-1691b-c
  section: 15 U.S.C. §1691b(c)
  description: 'Promulgation of regulations by the Bureau — (c): (c) Limitation on exemptions An exemption granted
    pursuant to subsection (b) shall be for no longer than five years and shall be extended only if the Bureau makes
    a subsequent determination, in the manner described by such paragraph, [1] that such exemption remains appropriate.'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  - usc-statute
  primary_source:
    tier: 1
    authority: ECOA (Equal Credit Opportunity Act, 15 U.S.C.) § 1691b
    source_class: usc-statute-lii
    source_url: https://www.law.cornell.edu/uscode/text/15/1691b
    snapshot_id: 9a1cdacbd64004db
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:0dfa88b5a69e8eaca405f9cac0f5b3094c09a80f3620fa67fa58612fe7ecb4bf
    paragraph_quote: (c) Limitation on exemptions An exemption granted pursuant to subsection (b) shall be for no
      longer than five years and shall be extended only if the Bureau makes a subsequent determination, in the manner
      described by such paragraph, [1] that such exemption remains appropriate.
    drafter_attestation: Verbatim slice of 15 U.S.C. §1691b subsection (c) from Cornell LII snapshot 9a1cdacbd64004db;
      body isolated between nav and Editorial/Statutory Notes; substring-verified.
  judgment: false
- id: ecoa-15usc-1691b-d
  canonical_id: ecoa-15usc-1691b-d
  section: 15 U.S.C. §1691b(d)
  description: 'Promulgation of regulations by the Bureau — (d): (d) Maintenance of records Pursuant to Bureau regulations,
    entities making business or commercial loans shall maintain such records or other data relating to such loans
    as may be necessary to evidence compliance with this subsection [2] or enforce any action pursuant to the authority
    of this chapter…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  - usc-statute
  primary_source:
    tier: 1
    authority: ECOA (Equal Credit Opportunity Act, 15 U.S.C.) § 1691b
    source_class: usc-statute-lii
    source_url: https://www.law.cornell.edu/uscode/text/15/1691b
    snapshot_id: 9a1cdacbd64004db
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:0dfa88b5a69e8eaca405f9cac0f5b3094c09a80f3620fa67fa58612fe7ecb4bf
    paragraph_quote: (d) Maintenance of records Pursuant to Bureau regulations, entities making business or commercial
      loans shall maintain such records or other data relating to such loans as may be necessary to evidence compliance
      with this subsection [2] or enforce any action pursuant to the authority of this chapter. In no event shall
      such records or data be maintained for a period of less than one year. The Bureau shall promulgate regulations
      to implement this paragraph [3] in the manner prescribed by chapter 5 of title 5.
    drafter_attestation: Verbatim slice of 15 U.S.C. §1691b subsection (d) from Cornell LII snapshot 9a1cdacbd64004db;
      body isolated between nav and Editorial/Statutory Notes; substring-verified.
  judgment: false
- id: ecoa-15usc-1691b-e
  canonical_id: ecoa-15usc-1691b-e
  section: 15 U.S.C. §1691b(e)
  description: 'Promulgation of regulations by the Bureau — (e): (e) Notice of denial of loan The Bureau shall provide
    in regulations that an applicant for a business or commercial loan shall be provided a written notice of such
    applicant ’s right to receive a written statement of the reasons for the denial of such loan.'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  - usc-statute
  primary_source:
    tier: 1
    authority: ECOA (Equal Credit Opportunity Act, 15 U.S.C.) § 1691b
    source_class: usc-statute-lii
    source_url: https://www.law.cornell.edu/uscode/text/15/1691b
    snapshot_id: 9a1cdacbd64004db
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:0dfa88b5a69e8eaca405f9cac0f5b3094c09a80f3620fa67fa58612fe7ecb4bf
    paragraph_quote: (e) Notice of denial of loan The Bureau shall provide in regulations that an applicant for
      a business or commercial loan shall be provided a written notice of such applicant ’s right to receive a written
      statement of the reasons for the denial of such loan.
    drafter_attestation: Verbatim slice of 15 U.S.C. §1691b subsection (e) from Cornell LII snapshot 9a1cdacbd64004db;
      body isolated between nav and Editorial/Statutory Notes; substring-verified.
  judgment: false
- id: ecoa-15usc-1691b-f
  canonical_id: ecoa-15usc-1691b-f
  section: 15 U.S.C. §1691b(f)
  description: 'Promulgation of regulations by the Bureau — (f): (f) Board authority Notwithstanding subsection
    (a), the Board shall prescribe regulations to carry out the purposes of this subchapter with respect to a person
    described in section 5519(a) of title 12 . These regulations may contain but are not limited to such classifications,
    differentiation, or ot…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  - usc-statute
  primary_source:
    tier: 1
    authority: ECOA (Equal Credit Opportunity Act, 15 U.S.C.) § 1691b
    source_class: usc-statute-lii
    source_url: https://www.law.cornell.edu/uscode/text/15/1691b
    snapshot_id: 9a1cdacbd64004db
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:0dfa88b5a69e8eaca405f9cac0f5b3094c09a80f3620fa67fa58612fe7ecb4bf
    paragraph_quote: (f) Board authority Notwithstanding subsection (a), the Board shall prescribe regulations to
      carry out the purposes of this subchapter with respect to a person described in section 5519(a) of title 12
      . These regulations may contain but are not limited to such classifications, differentiation, or other provision,
      and may provide for such adjustments and exceptions for any class of transactions, as in the judgment of the
      Board are necessary or proper to effectuate the purposes of this subchapter, to prevent circumvention or evasion
      thereof, or to facilitate or substantiate compliance therewith.
    drafter_attestation: Verbatim slice of 15 U.S.C. §1691b subsection (f) from Cornell LII snapshot 9a1cdacbd64004db;
      body isolated between nav and Editorial/Statutory Notes; substring-verified.
  judgment: false
- id: ecoa-15usc-1691b-g
  canonical_id: ecoa-15usc-1691b-g
  section: 15 U.S.C. §1691b(g)
  description: 'Promulgation of regulations by the Bureau — (g): (g) Deference Notwithstanding any power granted
    to any Federal agency under this subchapter, the deference that a court affords to a Federal agency with respect
    to a determination made by such agency relating to the meaning or interpretation of any provision of this subchapter
    that is subject to the…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  - usc-statute
  primary_source:
    tier: 1
    authority: ECOA (Equal Credit Opportunity Act, 15 U.S.C.) § 1691b
    source_class: usc-statute-lii
    source_url: https://www.law.cornell.edu/uscode/text/15/1691b
    snapshot_id: 9a1cdacbd64004db
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:0dfa88b5a69e8eaca405f9cac0f5b3094c09a80f3620fa67fa58612fe7ecb4bf
    paragraph_quote: (g) Deference Notwithstanding any power granted to any Federal agency under this subchapter,
      the deference that a court affords to a Federal agency with respect to a determination made by such agency
      relating to the meaning or interpretation of any provision of this subchapter that is subject to the jurisdiction
      of such agency shall be applied as if that agency were the only agency authorized to apply, enforce, interpret,
      or administer the provisions of this subchapter [4] ( Pub. L. 90–321, title VII, § 703 , as added Pub. L.
      93–495, title V, § 503 , Oct. 28, 1974 , 88 Stat. 1522 ; amended Pub. L. 94–239, § 3(a) , Mar. 23, 1976 ,
      90 Stat. 252 ; Pub. L. 100–533, title III, § 301 , Oct. 25, 1988 , 102 Stat. 2692 ; Pub. L. 111–203, title
      X, § 1085(1) , (3), July 21, 2010 , 124 Stat. 2083 .) [1] So in original. Probably should be “subsection,”.
      [2] So in original. [3] So in original. Probably should be “subsection”. [4] So in original. Probably should
      be followed by a period.
    drafter_attestation: Verbatim slice of 15 U.S.C. §1691b subsection (g) from Cornell LII snapshot 9a1cdacbd64004db;
      body isolated between nav and Editorial/Statutory Notes; substring-verified.
  judgment: false
