96 STAT. 1548
PUBLIC LAW 97-320—OCT. 15, 1982 cation is made during such period with the written consent of any person obligated to repay such credit. RELATION TO OTHER LAW
12 USC 3805. 12 USC i735f-7 note.
SEC. 806. Section 501(c)(1) of the Depository Institutions Deregulation and Monetary Control Act of 1980 shall not apply to transactions which are subject to this title. EFFECTIVE DATE
12 USC 3801 "^^^"
SEC. 807. (a) This title shall be effective upon enactment. (b) Within sixty days of the enactment of this title, the Comptroller of the Currency, the National Credit Union Administration, and the Federal Home Loan Bank Board shall identify, describe, and publish those portions or provisions of their respective regulations that are inappropriate for (and thus inapplicable to), or that need to be conformed for the use of, the nonfederally chartered housing creditors to which their respective regulations apply, including without limitation, making necessary changes in terminology to conform the regulatory and disclosure provisions to those more typically associated with various types of transactions including credit sales. Approved October 15, 1982.
LEGISLATIVE HISTORY—H.R. 6267 (S. 2879): HOUSE REPORTS: No. 97-550 (Comm. on Banking, Finance and Urban Affairs) and No. 97-899 (Comm. of Conference). SENATE REPORTS: No. 97-536 accompanying S. 2879 (Comm. on Banking, Housing, and Urban Affairs) and No. 97-641 (Comm. of Conference). CONGRESSIONAL RECORD, Vol. 128 (1982): May 20, considered and passed House. Sept. 24, S. 2879 considered and passed Senate; H.R. 6267, amended, passed in lieu. Sept. 30, Senate agreed to conference report. Oct. 1, House agreed to conference report. WEEKLY COMPILATION OF PRESIDENTIAL DOCUMENTS, Vol. 18, No. 41 (1982): Oct. 15, Presidential statement.
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