State Law Requirements

A number of states have statutes affecting electronic funds transfers. Generally speaking, these state laws are not preempted by Regulation E—as long as they provide more protection to the consumer than does Regulation E. We summarize the state laws of which we are aware in the Regulation E chapter in the second part of this manual (Ongoing Responsibilities) since most of the state laws do not affect the initial disclosure. Refer to State-Law Rules That Affect Electronic Funds Transfers to see what effect, if any, your state law has on the rules we will cover in this section.