Creditor compliance with federal regulations deemed

compliance with this act. Any creditor engaging in transactions subject to the provisions of this act, who complies with 15 United States Code, [§§] 1601 through 1665, and the regulations promulgated pursuant thereto, shall be deemed to have complied with applicable provisions of this act. History: 1953 Comp., § 50-16-15, enacted by Laws 1969, ch. 110, § 1.