§1693m. Civil liability — Inbound Citations
15 U.S.C. § 1693m
Cited by 3 provisions in release 119-102.
Citations to 15 U.S.C. § 1693m as a whole
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(e) If in any action under section 1693m1 of this title, the court finds that—(1) the financial institution did not provisionally recredit a consumer’s account within the ten-day period specified in subsection (c), and the financial institution (A) did not make a good faith investigation of the alleged error, or (B) did not have a reasonable basis for believing that the consumer’s account was not in error; or(2) the financial institution knowingly and willfully concluded that the consumer’s account was not in error when such conclusion could not reasonably have been drawn from the evidence available to the financial institution at the time of its investigation,then the consumer shall be entitled to treble damages determined under section 1693m(a)(1)1 of this title.
Citations to §1693m(a)(1)
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(e) If in any action under section 1693m1 of this title, the court finds that—(1) the financial institution did not provisionally recredit a consumer’s account within the ten-day period specified in subsection (c), and the financial institution (A) did not make a good faith investigation of the alleged error, or (B) did not have a reasonable basis for believing that the consumer’s account was not in error; or(2) the financial institution knowingly and willfully concluded that the consumer’s account was not in error when such conclusion could not reasonably have been drawn from the evidence available to the financial institution at the time of its investigation,then the consumer shall be entitled to treble damages determined under section 1693m(a)(1)1 of this title.