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.
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. 598Enacted 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.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
- 1968Pub. L. 90–448, title XIV, § 1417, , 82 Stat. 598
- 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.)