---
kind: "section"
citation: "12 C.F.R. § 1011.30"
title: "12"
number: "1011.30"
heading: "Persons to whom subpart B is inapplicable."
url: "https://uscodex.org/cfr/12/1011.30"
---

# §1011.30. Persons to whom subpart B is inapplicable.


Newspaper or periodical publishers, job printers, broadcasters, or telecasters, or any of the employees thereof, are not subject to this subpart unless the publishers, printers, broadcasters, or telecasters:

- (a) Have actual knowledge of the falsity of the advertisement or
- (b) Have any interest in the subdivision advertised or
- (c) **Also serve directly or indirectly as the advertising agent or agency for the developer.**

## Notes

### Authority

Authority: 12 U.S.C. 5512, 5581; 15 U.S.C. 1718.

### Source

Source: 76 FR 79522, Dec. 21, 2011, unless otherwise noted.