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Order 2006-7-7 - Boston-Maine - Consent Order
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Boston-Maine Airways Corp. Order 2006-7-7 Issued and Served July 7, 2006 This consent order concerns the failure of Boston-Maine Airways Corp. to comply with (1) the requirement to make prompt credit card refunds as required by the Consumer Credit Protection Act and Regulation Z of the Board of Governors of the Federal Reserve System and (2) Department enforcement case precedent that requires that cash refunds be made within a reasonable time after a request is made. This order directs Boston-Maine to cease and desist from future violations and assesses compromise civil penalties of $50,000. By: Rosalind Knapp |
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