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12 USC § 5553 - Preservation of existing contracts

---
identifier: "/us/usc/t12/s5553"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 5553 - Preservation of existing contracts"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "5553"
section_name: "Preservation of existing contracts"
chapter_number: 53
chapter_name: "WALL STREET REFORM AND CONSUMER PROTECTION"
subchapter_number: "V"
subchapter_name: "BUREAU OF CONSUMER FINANCIAL PROTECTION"
part_number: "D"
part_name: "Preservation of State Law"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 111–203, title X, § 1043, July 21, 2010, 124 Stat. 2014.)"
---

# 1 Preservation of existing contracts

See References in Text note below.

[^1]July 21, 2010

This title, and regulations, orders, guidance, and interpretations prescribed, issued, or established by the Bureau, shall not be construed to alter or affect the applicability of any regulation, order, guidance, or interpretation prescribed, issued, and established by the Comptroller of the Currency or the Director of the Office of Thrift Supervision regarding the applicability of State law under Federal banking law to any contract entered into on or before , by national banks, Federal savings associations, or subsidiaries thereof that are regulated and supervised by the Comptroller of the Currency or the Director of the Office of Thrift Supervision, respectively.

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**Source Credit**: (Pub. L. 111–203, title X, § 1043, July 21, 2010, 124 Stat. 2014.)

## Editorial Notes

### References in Text

This title, referred to in text, is title X of , , , known as the Consumer Financial Protection Act of 2010, which enacted this subchapter and enacted, amended, and repealed numerous other sections and notes in the Code. For complete classification of title X to the Code, see Short Title note set out under  and Tables.

## Statutory Notes and Related Subsidiaries

### Effective Date

Section effective on the designated transfer date, see , set out as a note under .