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F ederal

reserve

Ba n k

of

Dallas

DALLAS. TEXAS 75222

Circular No. 69-182
July 2 k , 1969

CORRECTION OF INTERPRETATION TO REGULATION Z

To Banks, Other Financial Institutions,
Trade Associations, and Others Concerned
in the Eleventh Federal Reserve District:

The Board of Governors of the Federal Reserve System
has issued a correction of section 22 6 .90 3 * interpretation of
Regulation Z, Truth in Lending, sent to you in our Circular
No. 69-153> dated June 25 , 1 969 *
A copy of the correction as it will appear in the
Federal Register is enclosed.
Yours very truly,

P. E. Coldwell
President
Enclosure (l)

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)

TITLE 12--BANKS AND BANKING
CHAPTER II — FEDERAL RESERVE SYSTEM
SUBCHAPTER A--BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

[Reg. Z]
PART 226--TRUTH IN LENDING
Refinancing and Increasing;Correction.
226,903--Refinancing and increasing— disclosures and effects
on the right of recission.

The interpretation published July 1, 1969 (34 F.R. 11083),
is corrected by changing in the last sentence of paragraph (a) the words
"lien on" to "security interest in".
(15 U.S.C. 1634.)
Dated at Washington, D. C., the 14th day of July 1969.
Board of Governors of the Federal Reserve System.

(signed) Robert P. Forrestal
Robert P. Forrestal,
Assistant Secretary.