Page:United States Statutes at Large Volume 84 Part 1.djvu/1185

 84 STAT. ]

1127

PUBLIC LAW 91-508-OCT. 26, 1970

"(b) I n any action by a card issuer to enforce liability for the use of a credit card, the burden of proof is upon the card issuer to show that the use was authorized or, if the use was unauthorized, then the burden of proof is upon the card issuer to show that the conditions of liability for the unauthorized use of a credit card, as set forth in subsection (a), have been met. "(c) Nothing in this section imposes liability upon a cardholder for the unauthorized use of a credit card in excess of his liability for such use under other applicable law or under any agreement with the card issuer. " (d) Except as provided in this section, a cardholder incurs no liability from the unauthorized use of a credit card. "§134. Fraudulent use of credit card "Whoever, in a transaction affecting interstate or foreign commerce, uses any counterfeit, fictitious, altered, forged, lost, stolen, or fraudulently obtained credit card to obtain goods or services, or both, having a retail value aggregating $5,000 or more, shall be fined not more than $10,000 or imprisoned not more than five years, or both." (b) The table of contents of chapter 2 of the Truth in Lending Act is amended by adding at the end thereof the following:

Penalty.

82 Stat. 152. 15 USC 1631.

"132. Issuance of credit cards. "133. Liability of holder of credit card, "134. F r a u d u l e n t use of credit card."

SEC. 503. The amendments to the Truth in Lending Act made by this title become effective as follows: (1) Section 132 of such Act takes effect upon the date of enactment of this title. (2) Section 133 of such Act takes effect upon the expiration of 90 days after such date of enactment. (3) Section 134 of such Act applies to offenses committed on or after such date of enactment.

Effective dates.

TITLE VI — PROVISIONS R E L A T I N G TO C R E D I T REPORTING AGENCIES AMENDMENT OF CONSUMER CREDIT PROTECTION ACT

SEC. 601. The Consumer Credit Protection Act is amended by adding at the end thereof the following new title: "TITLE VI—CONSUMER CREDIT REPORTING "Sec. "601. "602, "603. "604. "605. "606. "607, "608. "609. "610. "611. "612. "613. "614. "615. "616. "617. "618. "619. "620. "621. "622.

Short title. Findings and purpose, Definitions and rules of construction. Permissible purposes of reports. Obsolete, information. Disclosure of investigative consumer reports, Compliance procedures. Disclosures to governmental agencies. Disclosure to consumers. Conditions of disclosure to consumers. Procedure in ease of disputed accuracy, Charges for certain disclosures. Public record information for employment purposes. Restrictions on investigative consumer reports. Requirements on users of consumer reports. Civil liability for willful noncompliance. Civil liability for negligent noncompliance. Jurisdiction of c o u r t s; limitation of actions. Obtaining information under false pretenses. Unauthorized disclosures by oflScers or employees. Administrative enforcement. Relation to State laws.

82 Stat. 146. 15 USC 1601 note.

�