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Current as of January 01, 2024 | Updated by Findlaw Staff
If a system malfunction prevents the effectuation of an electronic fund transfer initiated by a consumer to another person, and such other person has agreed to accept payment by such means, the consumer's obligation to the other person shall be suspended until the malfunction is corrected and the electronic fund transfer may be completed, unless such other person has subsequently, by written request, demanded payment by means other than an electronic fund transfer.
Cite this article: FindLaw.com - 15 U.S.C. § 1693j - U.S. Code - Unannotated Title 15. Commerce and Trade § 1693j. Suspension of obligations - last updated January 01, 2024 | https://codes.findlaw.com/us/title-15-commerce-and-trade/15-usc-sect-1693j/
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