UCC Article 5: Uniform Commercial Code Article 5 governing Letters of Credit, providing the primary domestic law framework for standby credits in the United States
Federal Reserve Regulation U: Regulation governing credit that is secured by securities, affecting how standby credits may be collateralized
TILA and Regulation Z: Truth in Lending Act and its implementing Regulation Z, requiring specific disclosures for consumer credit transactions
ECOA: Equal Credit Opportunity Act prohibiting discrimination in credit transactions based on protected characteristics
FCRA: Fair Credit Reporting Act governing the collection and use of consumer credit information
ISP98: International Standby Practices providing standardized rules for standby letters of credit
UCP 600: Uniform Customs and Practice for Documentary Credits providing international rules for documentary credits
State Banking Regulations: Various state-specific banking laws and regulations that may affect standby credit agreements
State Usury Laws: State-specific laws limiting maximum interest rates and fees that can be charged
UN Convention on Independent Guarantees: International convention providing legal framework for standby letters of credit in cross-border transactions
Basel III: International banking regulations affecting capital requirements for banks issuing standby credits
Bank Secrecy Act: Federal law requiring financial institutions to assist government agencies in detecting and preventing money laundering
USA PATRIOT Act: Federal law including provisions for preventing terrorism financing and enhancing anti-money laundering requirements
KYC Regulations: Know Your Customer regulations requiring financial institutions to verify the identity of their clients and assess risks
