Truth in Lending Act (TILA): Federal law requiring disclosure of credit terms and standardizing how costs associated with borrowing are calculated and disclosed

Dodd-Frank Act: Federal regulation providing oversight of financial products and services, including consumer protection provisions for lending

Federal Reserve Regulation Z: Implements TILA and provides specific requirements for consumer credit disclosures and practices

Fair Debt Collection Practices Act: Federal law governing debt collection practices and protecting borrowers from abusive collection practices

State Usury Laws: State-specific laws that set maximum legal interest rates and penalties for exceeding these rates

State Promissory Note Requirements: State-specific formal requirements for promissory notes including required terms and conditions

State Statute of Limitations: State laws defining the time period within which legal action must be taken to collect on the note

State Securities Laws: State regulations that may apply if the promissory note could be considered a security

UCC Article 3: Uniform Commercial Code provisions governing negotiable instruments, including promissory notes

UCC Article 9: Uniform Commercial Code provisions governing secured transactions, relevant for understanding unsecured vs secured distinctions

Statute of Frauds: Legal requirement that certain contracts, including those that cannot be performed within one year, must be in writing

Contract Formation Requirements: Basic legal elements required for valid contract formation including consideration, capacity, and mutual assent

Enforceability Requirements: Legal requirements that must be met for a promissory note to be legally enforceable

Bankruptcy Laws: Federal laws that may affect the collection and enforcement of the promissory note if the borrower declares bankruptcy