(c) Consumer Disclosures.--
            (1) Consent to electronic records.--Notwithstanding 
        subsection (a), if a statute, regulation, or other rule of law 
        requires that information relating to a transaction or 
        transactions in or affecting interstate or foreign commerce be 
        provided or made available to a consumer in writing, the use of 
        an electronic record to provide or make available (whichever
        is required) such information satisfies the requirement that 
        such information be in writing if--
                    (A) the consumer has affirmatively consented(1) to such 
                use and has not withdrawn such consent;
                    (B) the consumer, prior to consenting, is provided 
                with a clear and conspicuous statement--
                          (i) informing the consumer of (I) any right or 
                      option of the consumer to have the record provided 
                      or made available on paper or in nonelectronic 
                      form, and (II) the right of the consumer to 
                      withdraw the consent(2) to have the record provided 
                      or made available in an electronic form and of any 
                      conditions, consequences (which may include 
                      termination of the parties' relationship), or fees 
                      in the event of such withdrawal;
                          (ii) informing the consumer of whether the 
                      consent applies (I) only to the particular 
                      transaction which gave rise to the obligation to 
                      provide the record, or (II) to identified 
                      categories of records that may be provided or made 
                      available during the course of the parties' 
                      relationship;
                          (iii) describing the procedures the consumer
                      must use to withdraw consent(2) as provided in clause 
                      (i) and to update information needed to contact 
                      the consumer electronically; and
                          (iv) informing the consumer (I) how, after the 
                      consent, the consumer may, upon request, obtain a
                      paper copy of an electronic record(3), and (II) 
                      whether any fee will be charged for such copy;
                    (C) the consumer--
                          (i) prior to consenting, is provided with a 
                      statement of the hardware and software 
                      requirements for access to and retention of the 
                      electronic records(4); and
                          (ii) consents electronically, or confirms his 
                      or her consent electronically, in a manner that 
                      reasonably demonstrates that the consumer can 
                      access information in the electronic form(5) that 
                      will be used to provide the information that is 
                      the subject of the consent; and
                    (D) after the consent of a consumer in accordance 
                with subparagraph (A), if a change in the hardware or 
                software requirements needed to access or retain(6) 
                electronic records creates a material risk that the 
                consumer will not be able to access or retain a 
                subsequent electronic record that was the subject of the 
                consent, the person providing the electronic record--
                          (i) provides the consumer with a statement of 
                      (I) the revised hardware and software requirements 
                      for access to and retention of the electronic 
                      records, and (II) the right to withdraw consent 
                      without the imposition of any fees for such 
                      withdrawal and without the imposition of any 
                      condition or consequence that was not disclosed 
                      under subparagraph (B)(i); and
                          (ii) again complies with subparagraph (C).
            (2) Other rights.--
                    (A) Preservation of consumer protections.--Nothing 
                in this title affects the content or timing of any 
                disclosure or other record required to be provided or 
                made available to any consumer under any statute, regulation, 
                or other rule of law.
                    (B) Verification or acknowledgment.--If a law that 
                was enacted prior to this Act expressly requires a 
                record to be provided or made available by a specified 
                method that requires verification or acknowledgment of 
                receipt, the record may be provided or made available 
                electronically only if the method used provides 
                verification or acknowledgment of receipt (whichever is 
                required).
            (3) Effect of failure to obtain electronic consent or 
        confirmation of consent.--The legal effectiveness, validity, or 
        enforceability of any contract executed by a consumer shall not 
        be denied solely because of the failure to obtain electronic 
        consent or confirmation of consent by that consumer in 
        accordance with paragraph (1)(C)(ii).
            (4) Prospective effect.--Withdrawal of consent by a consumer 
        shall not affect the legal effectiveness, validity, or 
        enforceability of electronic records provided or made available 
        to that consumer in accordance with paragraph (1) prior to 
        implementation of the consumer's withdrawal of consent. A 
        consumer's withdrawal of consent shall be effective within a 
        reasonable period of time after receipt of the withdrawal by the 
        provider of the record. Failure to comply with paragraph (1)(D) 
        may, at the election of the consumer, be treated as a withdrawal 
        of consent for purposes of this paragraph.
            (5) Prior consent.--This subsection does not apply to any 
        records that are provided or made available to a consumer who 
        has consented prior to the effective date of this title to 
        receive such records in electronic form as permitted by any 
        statute, regulation, or other rule of law.
            (6) Oral communications.--An oral communication or a 
        recording of an oral communication shall not qualify as an 
        electronic record for purposes of this subsection except as 
        otherwise provided under applicable law.