This article's tone or style may not reflect the encyclopedic tone used on Wikipedia. (May 2010) |
Other short titles |
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Long title | An Act to extend the authority for the flexible regulation of interest rates on deposits and accounts in depository institutions. |
Nicknames | American Arts Gold Medallion Act |
Enacted by | the 95th United States Congress |
Effective | November 10, 1978 |
Citations | |
Public law | 95-630 |
Statutes at Large | 92 Stat. 3641 aka 92 Stat. 3728 |
Codification | |
Titles amended | |
U.S.C. sections amended | |
Legislative history | |
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Major amendments | |
Credit CARD Act of 2009 |
The Electronic Fund Transfer Act was passed by the U.S. Congress in 1978 and signed by President Jimmy Carter, to establish the rights and liabilities of consumers as well as the responsibilities of all participants in electronic funds transfer activities.[1]
The act's provisions were implemented through Federal Reserve Board Regulation E.