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What changed in SF 2198

The bill as introduced, compared with the version both chambers passed (88th General Assembly).

It passed exactly as introduced.

Removed AddedIntroduced textText as passedAmendments

Section 1. Section 537.3205, subsection 1, Code 2020, is amended to read as follows:

1. Whether or not a change is authorized by prior agreement, a creditor may make a change in the terms of an open-end credit account applying to any balance incurred after the effective date of the change only if the creditor delivers or mails to the consumer a written disclosure of the change at least sixty days before the effective date of the change in accordance with 12 C.F.R. §1026.9.