12 U.S.C. § 5806
§ 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.
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