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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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---
type: "LegalText"
title: "12 U.S.C. § 5806"
description: "Preemption"
jurisdiction: "us"
corpus: "united_states_code"
kind: "code_section"
title_number: 12
title_name: "BANKS AND BANKING"
chapter_number: "55"
chapter_name: "ADJUSTABLE INTEREST RATE (LIBOR)"
section: "5806"
citation: "12 U.S.C. § 5806"
status: "current"
release_point: "119-100"
release_date: "2026-06-26"
source: "official"
source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip"
source_identifier: "/us/usc/t12/s5806"
source_file: "data/legal/raw/us/code/title-12/usc12.xml"
source_hash: "ccbb0ee0622de9481f9dbe92b3f1631da1bc7aff864a1bd3bc828069a3e7c009"
raw_snapshot_hash: "e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa"
text_hash: "3d33d0a8f6738a9907b7b14242fa924920ce8ff2a3eb5b7d2cf32d96d361d175"
retrieved_at: "2026-07-04"
confidence: "official"
tags: ["legal", "us-code"]
---
# 12 U.S.C. § 5806 - Preemption
## Text
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. 117103, div. U, § 107, Mar. 15, 2022, 136 Stat. 832.)
## Notes
Editorial Notes
References in TextThis chapter, referred to in text, was in the original “this division”, meaning div. U of Pub. L. 117103, Mar. 15, 2022, 136 Stat. 825, known as the Adjustable Interest Rate (LIBOR) Act, which is classified principally to this chapter. For complete classification of div. U to the Code, see Short Title note set out under section 5801 of this title and Tables.