{"data":{"id":"us/12-u.s.c.-5806","jurisdiction":"us","citation":"12 U.S.C. § 5806","heading":"Preemption","body":"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.","path":["Title 12—BANKS AND BANKING","CHAPTER 55—ADJUSTABLE INTEREST RATE (LIBOR)"],"source_url":"https://uscode.house.gov/download/releasepoints/us/pl/119/103/xml_usc12@119-103.zip","current_through":"Public Law 119-103 (09/02/2026)","vintage":"","retrieved_at":"2026-09-10T05:56:24Z","sha256":"e43ddf00c931b82b9f5afd71d4b126e435fd0c01f5e47016d6559b25732aff24","source_id":"us","stale":true,"prev":"us/12-u.s.c.-5805","next":"us/12-u.s.c.-5807"},"notice":"GroundRules: Original legal text. Not legal advice."}