Title 15 — Commerce and TradeRelease 119-73
§1693j Suspension of obligations
Title 15 › Chapter CHAPTER 41— - CONSUMER CREDIT PROTECTION › Subchapter SUBCHAPTER VI— - ELECTRONIC FUND TRANSFERS › § 1693j
Summary
If a system failure stops an agreed electronic payment, the payer’s obligation is paused until it’s fixed, unless the payee demands in writing another method.
Full Legal Text
Title 15, §1693j
Commerce and Trade — Source: USLM XML via OLRC
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.
Reference
Citations & Metadata
Citation
15 U.S.C. § 1693j
Title 15 — Commerce and Trade
Last Updated
Apr 6, 2026
Release point: 119-73