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  Website Updated 1/21/2012

Your Source for Banking Policies, Procedures, and More.

Product Update Notification - 07/26/10


Regulation Z Policy Update Details


What's Revised


Topic 7 - Open End Credit - Credit and Charge Card Applications and Solicitations.  Bullet point 2 within the "General" subtopic was revised.


Topic 9 - Open End Credit - Account Opening Disclosures.  Bullet point 1A was revised within the "Rules Affecting Open End (not Home Secured) Plans" subtopic.


Topic 10 - Open End Credit - Periodic Statement Requirements.  Bullet point 11B was revised within the "Rules Affecting Open End (not Home Secured) Plans" subtopic.


Topic 12 - Open End Credit - Subsequent Disclosure Requirements.  The following subtopics were revised:


Rules Affecting Open End (not Home Secured) - A new final paragraph was added to bullet point 4A, and bullet points 4C and 5I were completely revised.


Increases in Rates Due to Delinquency or Default or As a Penalty - A new final bullet point was added to 2A.


Topic 30 - Special Rules of Credit Card Accounts and Open End Credit - College Students.  A new subtopic entitled "Reevaluation of Rate Increases" was added.  In addition, the entire contents of the "Limitations on Fees" subtopic was revised.


Ordering Information


This product is available to purchase from Bankpolicies.com for:


$425.00 - List Price

- or -

$25.00* - Update Price


*Applies only to clients who have purchased the Regulation Z Policy Template within the last three years in addition to the following prior updates (if applicable):


Regulation Z Policy Template Update - 02/08/10 - $50.00

Regulation Z Policy Template Update - 01/11/10 - $25.00

Regulation Z Policy Template Update - 09/28/09 - $50.00

Regulation Z Policy Template Update - 08/03/09 - $25.00

Regulation Z Policy Template Update - 06/22/09 - $25.00

Regulation Z Policy Template Update - 03/16/09 - $100.00

Regulation Z Policy Template Update - 08/12/08 - $75.00

Regulation Z Policy Template Update - 12/18/07 - $50.00


If you have ordered this product after 06/26/10 you are eligible to receive the product update at no charge.


Click here to place an order for any of these products.  The appropriate Legacy Rewards Volume Discount will be applied to the update or list price for clients who are eligible.


NOTE: Refer to our Place an Order page for important information regarding payment terms and our return policy.  Orders placed for Product Updates are only available directly through Bankpolicies.com.


Find Out What's New or Revised with our Product Update Program


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