ARTICLE
20 August 2019

Treatment Of Educational ISAs Under Federal And Select State Anti-Discrimination Statutes

MF
Morrison & Foerster LLP

Contributor

Known for providing cutting-edge legal advice on matters that are redefining industries, Morrison & Foerster has 17 offices located in the United States, Asia, and Europe. Our clients include Fortune 100 companies, leading tech and life sciences companies, and some of the largest financial institutions. We also represent investment funds and startups.
In an earlier paper, we considered whether ISAs should be subject to federal consumer credit statutes, including the Truth in Lending Act ("TILA")
United States Finance and Banking

In an earlier paper, we considered whether ISAs should be subject to federal consumer credit statutes, including the Truth in Lending Act ("TILA"), state licensed lender regimes, and usury laws in select states. We also considered whether ISAs should be subject to federal and select state credit discrimination statutes. In this paper, we consider the application of federal fair lending laws, select state equal access and credit anti-discriminations statutes, and broader educational anti-discrimination statutes.

Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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