102 STAT. 2966
PUBLIC LAW 100-583—NOV. 3, 1988
card issuer may disclose the range of such fees for purposes of subsection (c) in lieu of the amount for each applicable State, if such disclosure includes a statement that the amount of such fee varies from State to State.". (b) CERTAIN INFORMATION REQUIRED TO B E DISCLOSED IN TABULAR
FORM.—Section 122 of the Truth in Lending Act (15 U.S.C. 1632) is amended— (1) in the third sentence of subsection (a), by striking out "Regulations" and inserting in lieu thereof "Except as provided in subsection (c), regulations"; and (2) by adding at the end thereof the following new subsection: "(c) TABULAR FORMAT REQUIRED FOR CERTAIN DISCLOSURES UNDER SECTION 127(C).—
Regulations.
"(1) IN GENERAL.—The information described in paragraphs (1)(A), (3)(B)(i)(I), (4)(A), and (4)(CKiXI) of section 127(c) shall h e "(A) disclosed in the form and manner which the Board shall prescribe by regulations; and "(B) placed in a conspicuous and prominent location on or with any written application, solicitation, or other document or paper with respect to which such disclosure is required. "(2) TABULAR FORMAT.— "(A) FORM OF TABLE TO BE PRESCRIBED.—In the regulations
prescribed under paragraph (1)(A) of this subsection, the Board shall require that the disclosure of such information shall, to the extent the Board determines to be practicable and appropriate, be in the form of a table which— '(i) contains clear and concise headings for each item of such information; and "(ii) provides a clear and concise form for stating each item of information required to be disclosed under each such heading. "(B) BOARD DISCRETION IN PRESCRIBING ORDER AND WORD-
ING OF TABLE.—In prescribing the form of the table under subparagraph (A), the Board may— "(i) list the items required to be included in the table in a different order than the order in which such items are set forth in paragraph (I)(A) or (4)(A) of section 127(c); and "(ii) subject to subparagraph (C), employ terminology which is different than the terminology which is employed in section 127(c) if such terminology conveys substantially the same meaning. "(C) GRACE PERIOD.—Either the heading or the statement
under the heading which relates to the time period referred to in section 127(c)(l)(A)(iii) shall contain the term 'grace period'.". SEC. 3. CIVIL LIABILITY.
Section 130(a) of the Truth in Lending Act (15 U.S.C. 1640) is amended— (1) by striking out "in section 127" in the third sentence and inserting in lieu thereof "in subsections (a) and (b) of section 127"; and (2) by inserting after the third sentence the following: "In connection with the disclosures referred to in subsection (c) or (d) of section 127, a card issuer shall have a liability under this
�
