A&B Abstract: The Consumer Financial Protection Bureau (CFPB) recently announced that it issued a final preemption determination concluding that certain state disclosure laws applicable to commercial financing transactions in California, New York, Utah, and Virginia are not preempted by the federal Truth in Lending Act (TILA). As covered in a previous post, we note that […]
The post CFPB Issues Preemption Determination that State Commercial Financing Disclosure Laws Are Not Preempted By TILA appeared first on Alston & Bird Consumer Finance ABstract.
