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§ 1033.131 Definitions.

This version is not the current regulation.
You are viewing a previous version of this regulation with amendments that went into effect on June 17, 2024.

For purposes of this part, the following definitions apply:

Consensus standard means a standard that is adopted by a recognized standard setter and that continues to be maintained by that recognized standard setter.

Recognized standard setter means a standard-setting body that has been recognized by the CFPB under § 1033.141.