Truth in Lending Act (TILA): Federal law requiring disclosure of credit terms and standardizing how costs associated with borrowing are calculated and disclosed
Equal Credit Opportunity Act (ECOA): Federal law that prohibits discrimination in lending practices based on race, color, religion, national origin, sex, marital status, age, or source of income
Federal Interest Rate Laws: Federal regulations governing interest rate limitations and requirements for interstate lending
Bankruptcy Code: Federal laws governing bankruptcy proceedings and creditor rights in case of default
Securities Exchange Act: Federal law that may apply if the loan could be characterized as a security, requiring specific disclosures and registrations
State Usury Laws: State-specific laws that set maximum interest rates and regulate lending practices within the state
State Contract Laws: State-specific regulations governing contract formation, enforcement, and remedies
State Commercial Codes: State-specific variations of commercial regulations affecting business transactions
State Corporate Lending Laws: State-specific regulations governing corporate lending activities and requirements
UCC Article 3: Uniform Commercial Code provisions governing negotiable instruments and their transfer
UCC Article 9: Uniform Commercial Code provisions governing secured transactions, relevant to ensure no inadvertent security interests are created
Dodd-Frank Act: Federal regulations affecting financial institutions and lending practices, including corporate lending
Corporate Authority Requirements: Legal requirements ensuring proper authorization for corporate borrowing and lending activities
Internal Revenue Code Provisions: Federal tax implications and requirements related to corporate lending and borrowing
Fraudulent Transfer Laws: Laws protecting creditors from fraudulent transfers of assets, including both state and federal provisions
