---
kind: "section"
citation: "15 U.S.C. § 1681x"
title: "15"
title_heading: "Commerce and Trade"
number: "1681x"
heading: "Corporate and technological circumvention prohibited"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/15/1681x"
units:
  - "Chapter 41 — Consumer Credit Protection"
  - "Subchapter III — Credit Reporting Agencies"
---

# §1681x. Corporate and technological circumvention prohibited


The [Commission](/usc/15/1602.md?p=dd-1) shall prescribe regulations, to become effective not later than 90 days after December 4, 2003, to prevent a [consumer reporting agency](/usc/15/1681a.md?p=f) from circumventing or evading treatment as a [consumer reporting agency](/usc/15/1681a.md?p=f) described in [section 1681a(p) of this title](/usc/15/1681a.md?p=p) for purposes of this subchapter, including—

- (1) by means of a corporate reorganization or restructuring, including a merger, acquisition, dissolution, divestiture, or asset sale of a [consumer reporting agency](/usc/15/1681a.md?p=f); or
- (2) by maintaining or merging public record and [credit](/usc/15/1602.md?p=f) [account](/usc/15/1681a.md?p=r-4) information in a manner that is substantially equivalent to that described in paragraphs (1) and (2) of [section 1681a(p) of this title](/usc/15/1681a.md?p=p), in the manner described in [section 1681a(p) of this title](/usc/15/1681a.md?p=p).

## Source credit

(Pub. L. 90–321, title VI, § 629, as added Pub. L. 108–159, title II, § 211(b), Dec. 4, 2003, 117 Stat. 1970.)

## Notes

### Statutory Notes and Related Subsidiaries

### Effective Date

Section subject to joint regulations establishing effective dates as prescribed by Federal Reserve Board and Federal Trade Commission, except as otherwise provided, see section 3 of Pub. L. 108–159, set out as an Effective Date of 2003 Amendment note under section 1681 of this title.