{"identifier":"/us/usc/t12/s2606","title":12,"num":"\u00a7\u202f2606.","heading":"Exempted transactions","text":"\u00a7\u202f2606.\nExempted transactions\n(a)\nIn general\nThis chapter does not apply to credit transactions involving extensions of credit\u2014\n(1) primarily for business, commercial, or agricultural purposes; or\n(2) to government or governmental agencies or instrumentalities.\n(b)\nInterpretation\nIn prescribing regulations under\nsection 2617(a) of this title\n1\n1 See References in Text note below.\nsection 1603(1) of title 15","url":"https://projectusc.org/usc/t12/s2606.html","content":[{"t":"sec","id":"/us/usc/t12/s2606","children":[{"t":"num","text":"\u00a7\u202f2606."},{"t":"heading","text":"Exempted transactions"},{"t":"subsec","id":"/us/usc/t12/s2606/a","children":[{"t":"num","text":"(a)"},{"t":"heading","text":"In general"},{"t":"chapeau","text":"This chapter does not apply to credit transactions involving extensions of credit\u2014"},{"t":"para","id":"/us/usc/t12/s2606/a/1","children":[{"t":"num","text":"(1)"},{"t":"content","text":" primarily for business, commercial, or agricultural purposes; or","tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t12/s2606/a/2","children":[{"t":"num","text":"(2)"},{"t":"content","text":" to government or governmental agencies or instrumentalities.","tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"subsec","id":"/us/usc/t12/s2606/b","children":[{"t":"num","text":"(b)"},{"t":"heading","text":"Interpretation"},{"t":"content","children":[{"t":"p","text":"In prescribing regulations under ","children":[{"t":"ref","text":"section 2617(a) of this title","href":"/us/usc/t12/s2617/a","tail":", the Bureau shall ensure that, with respect to subsection (a) of this section, the exemption for credit transactions involving extensions of credit primarily for business, commercial, or agricultural purposes, as provided in subsection (a)(1)\u202f"},{"t":"ref","text":"1"},{"t":"num","text":"1","tail":"\u202fSee References in Text note below."},{"t":"text","text":"\u202fSee References in Text note below.","tail":" of this section shall be the same as the exemption for such credit transactions under "},{"t":"ref","text":"section 1603(1) of title 15","href":"/us/usc/t15/s1603/1","tail":"."}],"tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"text","text":"\n"},{"t":"text","text":"\n"}]}]}