Compliance with federal law

5-20-111. Compliance with federal law. A student loan servicer shall comply with all applicable federal laws and regulations relating to servicing, including the federal Truth in Lending Act, 15 U.S.C. secs. 1601 to 1667f, as amended, and the regulations adopted pursuant to that act. In addition to any other remedies provided by law, a violation of that act or regulations adopted pursuant to that act is a violation of this part 1 and a basis upon which the administrator may take enforcement action pursuant to this part 1. Source: L. 2019: Entire article added, (SB 19-002), ch. 157, p. 1870, � 2, effective August 2. L. 2021: Entire section amended, (SB 21-057), ch. 378, p. 2532, � 9, effective June 29.