15 USC § 1633 - Exemption for State-regulated transactions

---
identifier: "/us/usc/t15/s1633"
source: "usc"
legal_status: "official_prima_facie"
title: "15 USC § 1633 - Exemption for State-regulated transactions"
title_number: 15
title_name: "COMMERCE AND TRADE"
section_number: "1633"
section_name: "Exemption for State-regulated transactions"
chapter_number: 41
chapter_name: "CONSUMER CREDIT PROTECTION"
subchapter_number: "I"
subchapter_name: "CONSUMER CREDIT COST DISCLOSURE"
part_number: "B"
part_name: "Credit Transactions"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 90–321, title I, § 123, May 29, 1968, 82 Stat. 152; Pub. L. 111–203, title X, § 1100A(2), July 21, 2010, 124 Stat. 2107.)"
---


# § 1633. Exemption for State-regulated transactions

The Bureau shall by regulation exempt from the requirements of this part any class of credit transactions within any State if it determines that under the law of that State that class of transactions is subject to requirements substantially similar to those imposed under this part, and that there is adequate provision for enforcement.

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**Source Credit**: (Pub. L. 90–321, title I, § 123, May 29, 1968, 82 Stat. 152; Pub. L. 111–203, title X, § 1100A(2), July 21, 2010, 124 Stat. 2107.)

## Editorial Notes

### Amendments

2010— substituted “Bureau” for “Board”.

## Statutory Notes and Related Subsidiaries

### Effective Date of 2010 Amendment

Amendment by  effective on the designated transfer date, see , set out as a note under , Government Organization and Employees.