Federal disclosure requirements; creditor's duty to comply; exempt transactions

Sec. 2. (a) Except as provided in subsection (b), the creditor shall comply with disclosure requirements applicable to first lien mortgage transactions in the Consumer Credit Protection Act (15 U.S.C. 1601 et seq.). (b) Disclosures are not required if the transaction is exempt from the Consumer Credit Protection Act (15 U.S.C. 1601 et seq.). [Pre-2026 Revision Citation: 24-4.4-2-202.] As added by P.L.115-2026, SEC.97.