31-1-729. Violation of specified federal laws -- rulemaking authority. (1) A violation of any applicable provision of the Truth in Lending Act, 15 U.S.C. 1601, et seq., the Equal Credit Opportunity Act, 15 U.S.C. 1691, et seq., the Fair Credit Reporting Act, 15 U.S.C. 1681, et seq., the Fair Debt Collection Practices Act, 15 U.S.C. 1692, et seq., the Financial Services Modernization Act of 1999 (Gramm-Leach-Bliley Act), 15 U.S.C. 6801, et seq., the USA PATRIOT Act of 2001, as reauthorized, Public Law 107-56, the John Warner National Defense Authorization Act for Fiscal Year 2007, Public Law 109-364, or any regulation promulgated under those acts is also a violation of this part.
(2) The department shall adopt rules to implement this section.
History: En. Sec. 2, Ch. 81, L. 2009.
Structure Montana Code Annotated
Title 31. Credit Transactions and Relationships
Chapter 1. Credit Transactions
Part 7. Montana Deferred Deposit Loan Act
31-1-702. Purpose -- rules -- fees
31-1-705. License -- application requirements -- business locations
31-1-707. Denial of license and license renewal
31-1-708. and 31-1-709 reserved
31-1-712. Notice of violation -- administrative hearing -- penalties -- liability
31-1-713. Department obligations -- complaints
31-1-714. Information and annual reports
31-1-715. Loan requirements -- right of rescission -- arbitration -- completion of transaction
31-1-716. through 31-1-720 reserved
31-1-721. Required disclosures -- loan agreement
31-1-722. Prohibited and permitted fees -- attorney fees and costs
31-1-727. Cease and desist orders
31-1-728. Injunctions -- receivers
31-1-729. Violation of specified federal laws -- rulemaking authority