(DOWNLOAD) "Uslife Credit Corp. v. Federal Trade Commission" by Fifth Circuit United States Court Of Appeals * eBook PDF Kindle ePub Free
eBook details
- Title: Uslife Credit Corp. v. Federal Trade Commission
- Author : Fifth Circuit United States Court Of Appeals
- Release Date : January 03, 1979
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 68 KB
Description
This is a petition for review of a Final Order and Decision of the Federal Trade Commission dated May 23, 1978, as amended by a further Order and Decision dated September 14, 1978. In its order, the Commission found that petitioners had violated Regulation Z, 12 C.F.R. § 226.1 et seq. (1978), promulgated pursuant to the Truth in Lending Act, 15 U.S.C. § 1601, Et seq., and imposed various sanctions against them. In 1970 USLIFE Corporation formed USLIFE Credit Corporation as a wholly owned subsidiary. USLIFE Credit operates approximately 220 consumer loan offices in 20 states. The challenged practices of USLIFE Credit involve the offering of credit insurance in consumer credit transactions. The responsibility of the parent corporation is based solely on the control that it exercises over its subsidiary.
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