12 USC § 5806 - Preemption

---
identifier: "/us/usc/t12/s5806"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 5806 - Preemption"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "5806"
section_name: "Preemption"
chapter_number: 55
chapter_name: "ADJUSTABLE INTEREST RATE (LIBOR)"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 117–103, div. U, § 107, Mar. 15, 2022, 136 Stat. 832.)"
---


# § 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.

---

**Source Credit**: (Pub. L. 117–103, div. U, § 107, Mar. 15, 2022, 136 Stat. 832.)

## Editorial Notes

### References in Text

This chapter, referred to in text, was in the original “this division”, meaning div. U of , , , 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  and Tables.