The law › Title 15, Commerce and Trade › Chapter 41

15 U.S.C. 1639d: Escrow or impound accounts relating to certain consumer credit transactions

Created in 2010 by Public Law 90-321. Changed by 2 later laws. No bill we track in this Congress changes it.

How it got hereLaws that created or changed it, newest first

2018Economic Growth, Regulatory Relief, and Consumer Protection Act

2015Fixing America's Surface Transportation Act" or the "FAST Act

2010Pub. L. 90-321added it

15 U.S.C. 1639dEscrow or impound accounts relating to certain consumer credit transactions

(a)In general

(b)When required

(c)Exemptions

(d)Duration of mandatory escrow or impound account

(e)Limited exemptions for loans secured by shares in a cooperative or in which an association must maintain a master insurance policy

(f)Clarification on escrow accounts for loans not meeting statutory test

(g)Administration of mandatory escrow or impound accounts

(h)Disclosures relating to mandatory escrow or impound account

(i)Definitions

(j)Disclosure notice required for consumers who waive escrow services

This CongressBills that change it or would

None we track

past change
enacted this Congress
proposed

This Congress

No bill we track in the 119th Congress changes this section.

How it got here

2018

Pub. L. 115–174, §108(1)(A), (B), (D), designated existing provisions as par. (1) and inserted heading, redesignated former pars. (1) to (4) as subpars. (A) to (D), respectively, of par. (1) and realigned margins, and added par. (2). (Economic Growth, Regulatory Relief, and Consumer Protection Act) Law text · (c)
Pub. L. 115–174, §108(1)(B), (C), which directed substitution of "The Bureau" for "The Board" in introductory provisions, and "the Bureau" for "the Board" wherever appearing, duplicated the amendment made by Pub. L. 111–203, §1100A(2), which had already been executed. See 2010 Amend… (Economic Growth, Regulatory Relief, and Consumer Protection Act) Law text · (c)
Pub. L. 115–174, §108(2), added pars. (3) and (4). (Economic Growth, Regulatory Relief, and Consumer Protection Act) Law text · (i), (4)

2015

Pub. L. 114–94 struck out "predominantly" after "operates". (Fixing America's Surface Transportation Act" or the "FAST Act) Law text · (c)

2010

Pub. L. 111–203, §1100A(2), which directed substitution of "Bureau" for "Board" wherever appearing in Pub. L. 90–321, was executed to this section, which was added to Pub. L. 90–321 by section 1461(a) of Pub. L. 111–203. (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text
Pub. L. 111–203, §1462, added subsec. (j). (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (j)

Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.