This ARBITRATION AGREEMENT not
applicable to or binding on Military Lending Act Covered Borrowers: Notwithstanding the
provisions of the foregoing ARBITRATION AGREEMENT or of any other
provision referencing arbitration contained elsewhere in this Agreement, it is our intent, and we hereby agree with you, that the ARBITRATION AGREEMENT would not and will not be
applicable to or binding on you if, at the time you establish your Account, you are a «Covered Borrower».
The preambles to the bylaws contained several
references to the HDI and its supporters, but all the bylaws» operative
provisions except one were
applicable to any member of the public.