12 USC 5806 - Preemption

U.S Code last checked for updates: Nov 22, 2024

§ 5806.

Preemption

This chapter, and regulations promulgated under this chapter, shall supersede any provision of any State or local law, statute, rule, regulation, or standard—

(1)

relating to the selection or use of a benchmark replacement or related conforming changes; or

(2)

expressly limiting the manner of calculating interest, including the compounding of interest, as that provision applies to the selection or use of a Board-selected benchmark replacement or benchmark replacement conforming changes.

(Pub. L. 117–103, div. U, § 107, Mar. 15, 2022, 136 Stat. 832.)

cite as: 12 USC 5806