issuer

(6) Exemption for small issuers (A) In general This subsection shall not apply to any issuer that, together with its affiliates, has assets of less than $10,000,000,000, and the Board shall exempt such issuers from regulations prescribed under paragraph (3)(A). (B) Definition For purposes of this paragraph, the term “issuer” shall be limited to the person holding the asset account that is debited through an electronic debit transaction.

Source

15 USC § 1693o-2(a)(6)


Scoping language

For purposes of this paragraph
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