INTRODUCTION. Induction of labour is a common procedure in obstetrics (1, 2), and is defined as the initiation of labour by artificial means prior to its spontaneous onset at a viable gestational age, with the aim of achieving vaginal delivery in a pregnant woman with intact membranes.
The Truth in Lending Act provides that a lender refinancing a residential property must give the borrower. 1  a copy of the TILA disclosure for the initial loan. 2  nothing, as the law does not apply to refinancing. 3  a new TILA disclosure for the new loan.  a new TILA disclosure only if it is requested.
Watch Related Videos. comments. The Truth-in-Lending Act was enacted by the U.S. Congress in 1968 as part of the Consumer Protection Act. Its purpose is to protect borrowers by ensuring that they are aware of the terms and costs of credit, so that they can knowledgeably compare different loans and lenders.