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UCC Article 3: Federal legislation governing negotiable instruments, including promissory notes, which sets forth requirements for negotiability, transfer, and enforcement of the instrument

Truth in Lending Act: Federal law requiring disclosure of credit terms and standardized calculation of financing charges in consumer credit transactions

Fair Debt Collection Practices Act: Federal law that limits the behavior and actions of debt collectors who are attempting to collect debts on behalf of another person or entity

Consumer Credit Protection Act: Federal law that protects consumers in their dealings with lenders and creditors, including requirements for disclosure of credit terms

State UCC Adaptations: State-specific modifications and implementations of the Uniform Commercial Code that may affect the terms and enforcement of promissory notes

State Usury Laws: State-specific laws that set maximum legal interest rates and regulate the charging of interest on debt instruments

State Recording Requirements: State-specific rules governing how and where promissory notes and deeds must be recorded, particularly when involving real property

Statute of Frauds: Legal requirement that certain contracts, including those involving real property or lasting more than one year, must be in writing to be enforceable

Statute of Limitations: Time limit within which legal action must be taken to enforce the promissory note, varying by state

Security Interest Requirements: Legal requirements for creating and perfecting a security interest if the promissory note is secured by collateral

Principal Amount Requirements: Legal requirements for clearly stating the principal amount borrowed and any calculation methods used

Payment Terms Requirements: Legal requirements for specifying payment schedule, amounts, and methods of payment

Default Provisions: Legal requirements for defining events of default and consequences of default under the promissory note

Acceleration Clause Requirements: Legal requirements for including and enforcing provisions that allow the lender to demand full payment before the due date under specific circumstances

Prepayment Terms: Legal requirements for stating whether early payment is allowed and any associated penalties or conditions