76b8ec33a7
Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 -> 59,740; repo total 105,704 records. Deterministic (byte-identical rerun, verified on Title 42's 8,356 sections); make check green. make legal-us-code default now covers every title. Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
46 lines
1.9 KiB
Markdown
46 lines
1.9 KiB
Markdown
---
|
||
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. 117–103, 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. 117–103, 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.
|