[Code of Federal Regulations]
[Title 12, Volume 3]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 12CFR226.30]

[Page 293]
 
                       TITLE 12--BANKS AND BANKING
 
                   CHAPTER II--FEDERAL RESERVE SYSTEM
 
PART 226--TRUTH IN LENDING (REGULATION Z)--Table of Contents
 
                        Subpart D--Miscellaneous
 
Sec. 226.30  Limitation on rates.

    A creditor shall include in any consumer credit contract secured by 
a dwelling and subject to the act and this regulation the maximum 
interest rate that may be imposed during the term of the obligation \50\ 
when:
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    \50\ Compliance with this section will constitute compliance with 
the disclosure requirements on limitations on increases in footnote 12 
to Secs. 226.6(a)(2) and 226.18(f)(2) until October 1, 1988.
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    (a) In the case of closed-end credit, the annual percentage rate may 
increase after consummation, or
    (b) In the case of open-end credit, the annual percentage rate may 
increase during the plan.

[52 FR 43181, Nov. 9, 1987]