Requirements for Electronic Disclosure

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Sec. 11. If:

(1) a customer consents to receive the disclosure required under section 8 of this chapter electronically; and

(2) the disclosure is provided to the customer in a format that the customer may retain or obtain at a later time;

the depository institution, the affiliate of a depository institution, or the person that sells, solicits, advertises, or offers insurance on behalf of a depository institution may provide the disclosure electronically and may obtain from the customer acknowledgment of receipt of the disclosure electronically.

As added by P.L.130-2002, SEC.2.


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