12 CFR Part 1026 — Regulation Z (Truth in Lending Act, CFPB) § 1026.29 — State exemptions

reg-z-1026-29

12 CFR Part 1026 — Regulation Z (Truth in Lending Act, CFPB), §1026.29 State exemptions. Captured section-complete (all subsections verbatim).

Get this register: .xlsx .csv More bundles →

source:
  type: regulation
  id: reg-z-1026.29
  authority: 12 CFR Part 1026 — Regulation Z (Truth in Lending Act, CFPB) § 1026.29 — State exemptions
  description: |
    12 CFR Part 1026 — Regulation Z (Truth in Lending Act, CFPB), §1026.29 State exemptions. Captured section-complete (all subsections verbatim).
obligations:
  - id: reg-z-1026.29-a
    canonical_id: reg-z-1026.29-a
    section: 12 CFR §1026.29(a)
    description: 'State exemptions — (a): (a) General rule. Any state may apply to the Bureau to exempt a class of transactions within the state from the requirements of chapter 2 (Credit transactions) or chapter 4 (Credit billing) of the Act and the corresponding provisions of this part. The Bureau shall grant an exemption if it determines…'
    type: do
    audit_question: ''
    program_review: ''
    file_review: ''
    judgment: false
    feeds: []
    workflow_phase: ''
    owner_role: ''
    secondary_owner_role: ''
    cadence: ''
    consequence: ''
    tags:
      - regulator-direct
      - gap-fill
      - section-complete
    primary_source:
      tier: 1
      authority: 12 CFR Part 1026 — Regulation Z (Truth in Lending Act, CFPB) § 1026.29
      source_class: ecfr-xml
      source_url: https://www.ecfr.gov/current/title-12/chapter-X/subchapter-B/part-1026
      snapshot_id: 2f0bd06c71cf3f0e
      fetched_at: '2026-06-18T00:00:00+00:00'
      content_hash: sha256:e0a28cfac50c4af33e4aadc64dd0e5a3910ddee6364620a5d646f8388be29466
      paragraph_quote: '(a) General rule. Any state may apply to the Bureau to exempt a class of transactions within the state from the requirements of chapter 2 (Credit transactions) or chapter 4 (Credit billing) of the Act and the corresponding provisions of this part. The Bureau shall grant an exemption if it determines that: (1) The state law is substantially similar to the Federal law or, in the case of chapter 4, affords the consumer greater protection than the Federal law; and (2) There is adequate provision for enforcement.'
      drafter_attestation: Verbatim (whitespace-normalized) slice of §1026.29 subsection (a) from snapshot 2f0bd06c71cf3f0e; substring-verified.
  - id: reg-z-1026.29-b
    canonical_id: reg-z-1026.29-b
    section: 12 CFR §1026.29(b)
    description: 'State exemptions — (b): (b) Civil liability. (1) No exemptions granted under this section shall extend to the civil liability provisions of sections 130 and 131 of the Act. (2) If an exemption has been granted, the disclosures required by the applicable state law (except any additional requirements not imposed by Federal l…'
    type: do
    audit_question: ''
    program_review: ''
    file_review: ''
    judgment: false
    feeds: []
    workflow_phase: ''
    owner_role: ''
    secondary_owner_role: ''
    cadence: ''
    consequence: ''
    tags:
      - regulator-direct
      - gap-fill
      - section-complete
    primary_source:
      tier: 1
      authority: 12 CFR Part 1026 — Regulation Z (Truth in Lending Act, CFPB) § 1026.29
      source_class: ecfr-xml
      source_url: https://www.ecfr.gov/current/title-12/chapter-X/subchapter-B/part-1026
      snapshot_id: 2f0bd06c71cf3f0e
      fetched_at: '2026-06-18T00:00:00+00:00'
      content_hash: sha256:e0a28cfac50c4af33e4aadc64dd0e5a3910ddee6364620a5d646f8388be29466
      paragraph_quote: (b) Civil liability. (1) No exemptions granted under this section shall extend to the civil liability provisions of sections 130 and 131 of the Act. (2) If an exemption has been granted, the disclosures required by the applicable state law (except any additional requirements not imposed by Federal law) shall constitute the disclosures required by the Act.
      drafter_attestation: Verbatim (whitespace-normalized) slice of §1026.29 subsection (b) from snapshot 2f0bd06c71cf3f0e; substring-verified.
  - id: reg-z-1026.29-c
    canonical_id: reg-z-1026.29-c
    section: 12 CFR §1026.29(c)
    description: 'State exemptions — (c): (c) Applications. The procedures under which a state may apply for an exemption under this section are set forth in appendix B to this part.'
    type: do
    audit_question: ''
    program_review: ''
    file_review: ''
    judgment: false
    feeds: []
    workflow_phase: ''
    owner_role: ''
    secondary_owner_role: ''
    cadence: ''
    consequence: ''
    tags:
      - regulator-direct
      - gap-fill
      - section-complete
    primary_source:
      tier: 1
      authority: 12 CFR Part 1026 — Regulation Z (Truth in Lending Act, CFPB) § 1026.29
      source_class: ecfr-xml
      source_url: https://www.ecfr.gov/current/title-12/chapter-X/subchapter-B/part-1026
      snapshot_id: 2f0bd06c71cf3f0e
      fetched_at: '2026-06-18T00:00:00+00:00'
      content_hash: sha256:e0a28cfac50c4af33e4aadc64dd0e5a3910ddee6364620a5d646f8388be29466
      paragraph_quote: (c) Applications. The procedures under which a state may apply for an exemption under this section are set forth in appendix B to this part.
      drafter_attestation: Verbatim (whitespace-normalized) slice of §1026.29 subsection (c) from snapshot 2f0bd06c71cf3f0e; substring-verified.

Verbatim regulatory text (3)

Verbatim provisions from 12 CFR Part 1026 — Regulation Z (Truth in Lending Act, CFPB) § 1026.29 — State exemptions — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.

12 CFR §1026.29(a)

(a) General rule. Any state may apply to the Bureau to exempt a class of transactions within the state from the requirements of chapter 2 (Credit transactions) or chapter 4 (Credit billing) of the Act and the corresponding provisions of this part. The Bureau shall grant an exemption if it determines that: (1) The state law is substantially similar to the Federal law or, in the case of chapter 4, affords the consumer greater protection than the Federal law; and (2) There is adequate provision for enforcement.

Source: 12 CFR Part 1026 — Regulation Z (Truth in Lending Act, CFPB) § 1026.29 · source URL · snapshot 2f0bd06c71cf3f0e

12 CFR §1026.29(b)

(b) Civil liability. (1) No exemptions granted under this section shall extend to the civil liability provisions of sections 130 and 131 of the Act. (2) If an exemption has been granted, the disclosures required by the applicable state law (except any additional requirements not imposed by Federal law) shall constitute the disclosures required by the Act.

Source: 12 CFR Part 1026 — Regulation Z (Truth in Lending Act, CFPB) § 1026.29 · source URL · snapshot 2f0bd06c71cf3f0e

12 CFR §1026.29(c)

(c) Applications. The procedures under which a state may apply for an exemption under this section are set forth in appendix B to this part.

Source: 12 CFR Part 1026 — Regulation Z (Truth in Lending Act, CFPB) § 1026.29 · source URL · snapshot 2f0bd06c71cf3f0e

Operationalizing 12 CFR Part 1026 — Regulation Z (Truth in Lending Act, CFPB) § 1026.29 — State exemptions

This is verbatim, source-snapshotted regulator text from the Claude for Compliance open corpus. To turn a rule like this into compliance work product: gap-analyze your policies and procedures (P&Ps) against these requirements to surface stale, conflicting, or missing provisions; operationalize any change with a ready-to-run update kit; and produce audit-ready evidence — every step grounded only in the regulator’s own words, never invented.

Source of record: https://claudeforcompliance.com/regs/reg-z-1026-29/ · register reg-z-1026-29 · Claude for Compliance. Free to read and download; see regulatory updates and methodology.