Public Law 91-508

E618773

Public Law 91-508 is a 1970 U.S. federal statute that, among other financial privacy and recordkeeping provisions, enacted the Fair Credit Reporting Act to regulate consumer credit information and reporting agencies.

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Label Occurrences
Public Law 91-508 canonical 1

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Statements (49)

Predicate Object
instanceOf Act of Congress
United States federal statute
alsoKnownAs Bank Secrecy Act of 1970 NERFINISHED
amendedBy Fair and Accurate Credit Transactions Act of 2003 NERFINISHED
Financial Institutions Regulatory and Interest Rate Control Act of 1978 NERFINISHED
Gramm–Leach–Bliley Act NERFINISHED
Right to Financial Privacy Act of 1978 NERFINISHED
codifiedIn Title 12 of the United States Code NERFINISHED
Title 15 of the United States Code
Title 31 of the United States Code NERFINISHED
componentOf United States financial regulatory framework
containsTitle Title I – Foreign Transactions Reporting Act NERFINISHED
Title II – Currency and Foreign Transactions Reporting Act NERFINISHED
Title VI – Fair Credit Reporting Act NERFINISHED
country United States of America
surface form: United States
dateSigned October 26, 1970
enactedBy 91st United States Congress NERFINISHED
enacts Fair Credit Reporting Act NERFINISHED
establishesRequirement accuracy and fairness standards for consumer credit reports
recordkeeping for certain financial transactions
reporting of large currency transactions
hasPart Currency and Foreign Transactions Reporting provisions
Fair Credit Reporting Act NERFINISHED
jurisdiction United States government
surface form: United States federal government
language English
legalStatus in force (as amended)
legislativeBody United States Congress
protectsInterest consumers using credit
integrity of the financial system
publicLawNumber Pub.L. 91-508 NERFINISHED
purpose to regulate the collection, dissemination, and use of consumer credit information
to require financial institutions to maintain certain records
to require reporting of certain currency and foreign transactions
regulates consumer reporting agencies
financial institutions
relatedTo Bank Secrecy Act NERFINISHED
anti–money laundering regulation
consumer protection law in the United States
shortTitle Bank Secrecy Act and Related Measures NERFINISHED
signedBy Richard Nixon NERFINISHED
signingPresident Richard Nixon NERFINISHED
statutesAtLargeCitation 84 Stat. 1114
subjectMatter consumer credit reporting
currency reporting
financial privacy
financial recordkeeping
foreign financial transactions
title An Act to improve the ability of the United States to obtain information on the ownership and control of foreign bank accounts and other financial relationships, to require the maintenance of adequate records, and for other purposes NERFINISHED
yearEnacted 1970

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Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Fair Credit Reporting Act publicLawNumber Public Law 91-508