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Title 15 — Commerce and Trade

Chapter 42 — Interstate Land Sales

§ 1716. Unlawful representations

Statutory text

The fact that a statement of record with respect to a subdivision has been filed or is in effect shall not be deemed a finding by the Director that the statement of record is true and accurate on its face, or be held to mean the Director has in any way passed upon the merits of, or given approval to, such subdivision. It shall be unlawful to make, or cause to be made, to any prospective purchaser any representation contrary to the foregoing.

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

  1. Interstate Land Sales F till Disclosure Act

    Pub. L. 90–448 title XIV § 1417 · 82 Stat. 476

    Enacted · 15 U.S.C. § 1716

    Pub. L. 90–448, title XIV, § 1417, Aug. 1, 1968, 82 Stat. 598

    Source evidence

    Code source credit
    Pub. L. 90–448, title XIV, § 1417, Aug. 1, 1968, 82 Stat. 598

    Enacted provision · exact public law section
    Sec. 1417. unlawful representations The fact I hat n statement of record with respect to a subdivision has been filed or is in effect shall not be deemed a finding by the Secretary that the statement of record is true and accurate on its face, or be held to mean the Secretary has in any way passed upon the merits of, or given approval to, such subdivision. It shall be unlawful to make, or cause to be made, to any prospective purchaser any representation contrary to the foregoing.

  2. Consumer Financial Protection Act of 2010

    Pub. L. 111–203 title X § 1098A(1) · 124 Stat. 1376

    Substituted · 15 U.S.C. § 1716

    Pub. L. 111–203 substituted “Director” for “Secretary” in two places

    Source evidence

    Code amendment note
    Pub. L. 111–203 substituted “Director” for “Secretary” in two places.

    Enacted provision · exact public law section
    (1) by 15 USC 1702 et seq. striking “Secretary” each place that term appears and inserting “Director”;

    Effective date note
    Amendment by Pub. L. 111–203 effective on the designated transfer date, see section 1100H of Pub. L. 111–203, set out as a note under section 552a of Title 5, Government Organization and Employees.

2 of 2 references resolved to an enrolled provision

Editorial Notes

Amendments

2010—Pub. L. 111–203 substituted “Director” for “Secretary” in two places.

Statutory Notes and Related Subsidiaries

Effective Date of 2010 Amendment

Amendment by Pub. L. 111–203 effective on the designated transfer date, see section 1100H of Pub. L. 111–203, set out as a note under section 552a of Title 5, Government Organization and Employees.

Effective Date

Section effective upon the expiration of two hundred and seventy days after , see section 1423 of Pub. L. 90–448, set out as a note under section 1701 of this title.

Credits

1968–2010 · 2 acts
  1. 1968Pub. L. 90–448, title XIV, § 1417, , 82 Stat. 598
  2. 2010Pub. L. 111–203, title X, § 1098A(1), , 124 Stat. 2105.
Show as published

(Pub. L. 90–448, title XIV, § 1417, , 82 Stat. 598; Pub. L. 111–203, title X, § 1098A(1), , 124 Stat. 2105.)

Parsed from the official OLRC USLM XML in data/usc_all/usc15.xml · release point 119-108 · OLRC build 2026-09-09

USLM identifier /us/usc/t15/s1716