12 CFR Part 1006 — Regulation F (Fair Debt Collection Practices Act, CFPB) § 1006.108 — Exemption for State regulation
12 CFR Part 1006 — Regulation F (Fair Debt Collection Practices Act, CFPB), §1006.108 Exemption for State regulation. Captured section-complete (all subsections verbatim).
Verbatim regulatory text
Verbatim provisions from 12 CFR Part 1006 — Regulation F (Fair Debt Collection Practices Act, CFPB) § 1006.108 — Exemption for State regulation — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
12 CFR §1006.108(a)
(a) Exemption for State regulation. Any State may apply to the Bureau for a determination that, under the laws of that State, any class of debt collection practices within that State is subject to requirements that are substantially similar to those imposed under sections 803 through 812 of the Act (15 U.S.C. 1692a through 1692j) and the corresponding provisions of this part, and that there is adequate provision for State enforcement of such requirements.
12 CFR §1006.108(b)
(b) Procedures and criteria. The procedures and criteria whereby States may apply to the Bureau for exemption of a class of debt collection practices within the applying State from the provisions of the Act and the corresponding provisions of this part as provided in section 817 of the Act (15 U.S.C. 1692o) are set forth in appendix A of this part.