Taylor & Kimbrough Realty Company
Volume 86 · 86 F.T.C. 1022
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Taylor & Kimbrough Realty Company, 86 F.T.C. 1022 (1975). Consumer Law Library, https://consumerlawlibrary.org/decisions/v086-0127
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IN THE MATTER OF' TAYLOR & KIMBROUGH REALTY COMPANY, ET AL.
CONSENT ORDER , ETC., IN REGARD TO ALLEGED VIOLATION OF THE FEDERAL TRADE COMMISSION AND Truth II\ LENDING ACTS Docket C-27:W, Complaint, Oct. 1975-Declsiou, Oct. , 197.5 Consent order requiring a Memphis, Tenn., realty company, among other things to cease violating the Truth in Lending Act by failing to disclose to consumers, in connection with the extension of consumer credit, such information as required by Hegulation Z of the said Act.
Appearances For the Commission: Truett M. Honeycutt. For the respondents: William Bartholomew Memphis, Tenn. COMPLAINT Pursuant to the provisions of the Trth in Lending Act and the implementing regulation promulgated thereunder and the Federal Trade Commission Act, and by virtue of the authority vested in it by said Acts, the Federal Trade Commission, having reason to believe that Taylor & Kimbrough Realty Company, a corporation, and Lloyd R. Taylor, individually and as an officer of said corporation, hereinafter referred to as respondents, have violated the provisions of said Acts and implementing regulation, and it appearing to the Commission that a proceeding by it in respect thereof would be in the public interest charges in that respect as hereby issues its complaint stating its follows:
Complaint RG F.
exempt respondents from complying with agreements, orders or directives of any kind obtained by any other agency or act as a defense to actions instituted by municipal or state regulatory agencies. Nothing in this order shall be construed to imply that any past or future conduct of respondents is subject to and complies with the rules and regulations of, or the statutes administered by the Federal Trade Commission.
It is further ordered That the respondents herein shall within sixty (60) days after service upon them of this order, file with the Commission a report, in writing, setting forth in detail the manner and form in which they have complied with this order.