Common use of Consumer Protection Inapplicable Clause in Contracts

Consumer Protection Inapplicable. You acknowledge, represent and warrant that all of your Service Accounts that may be accessed using the Services are not account established primarily for personal, family or household purposes and that your use of the Services is not primarily for personal, family or household purposes. Accordingly, the provisions of the federal Electronic Fund Transfer Act, as amended, and the Consumer Financial Protection Bureau’s Regulation E, as amended, and any other laws or regulations, as well as any terms or provisions of this Agreement, intended for the protection of consumers or governance of transactions involving consumers or consumer accounts do not apply to any Service transactions affecting your Service Accounts. You acknowledge and agree that we reserve the right to refuse to process any Service transaction, inquiry or activity, in our sole and absolute discretion, without liability to you. Without limiting other limitations and exclusions set forth in this Agreement, to the fullest extent allowed by law, and subject only to our obligation to exercise ordinary care and good faith, you assume all risk related to or arising out of your activation of and enrollment in any Service, and you agree to be bound by any and all transactions and activity performed through the Services, whether authorized or unauthorized.

Appears in 4 contracts

Samples: Agreement and Disclosure Statement, Agreement and Disclosure Statement, www.regions.com

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