§ 1465. State law preemption standards for Federal savings associations clarified
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/usc/title-12/section-1465A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)In general Any determination by a court or by the Director or any successor officer or agency regarding the relation of State law to a provision of this chapter or any regulation or order prescribed under this chapter shall be made in accordance with the laws and legal standards applicable to national banks regarding the preemption of State law.
(b)Principles of conflict preemption applicable Notwithstanding the authorities granted under sections 1463 and 1464 of this title, this chapter does not occupy the field in any area of State law.
(c)Visitorial powers The provisions of sections 1 25b(i) of this title shall apply to Federal savings associations, and any subsidiary thereof, to the same extent and in the same manner as if such savings associations, or subsidiaries thereof, were national banks or subsidiaries of national banks, respectively.
(d)Enforcement actions The ability of the Comptroller of the Currency to bring an enforcement action under this chapter or section 45 of title 15 does not preclude any private party from enforcing rights granted under Federal or State law in the courts.
(June 13, 1933, ch. 64, § 6, as added and amended Pub. L. 111–203, title X, §§ 1046(a), 1047(b), July 21, 2010, 124 Stat. 2017, 2018.)
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- Public Law 106–569To expand homeownership in the United States, and for other purposes
- Public Law 101–73To reform, recapitalize, and consolidate the Federal deposit insurance system, to enhance the regulatory and enforcement powers of Federal financial institutions regulatory agencies, and for other purposes
- Public Law 111–203To promote the financial stability of the United States by improving accountability and transparency in the financial system, to end “too big to fail”, to protect the American taxpayer by ending bailouts, to protect consumers from abusive financial services practices, and for other purposes
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16 references not yet in our index
- 1
- June 13, 1933, ch. 64, § 6
- Pub. L. 111–203, title X
- 124 Stat. 2017
- 48 Stat. 134
- Apr. 27, 1934, ch. 168, § 11
- 48 Stat. 647
- May 28, 1935, ch. 150, § 19
- 49 Stat. 297
- Pub. L. 101–73, title III, § 301
- 103 Stat. 313
- Pub. L. 106–569, title XII, § 1201(a)
- 114 Stat. 3032
- Pub. L. 111–203, § 1047(b)
- Pub. L. 111–203
- section 1048 of Pub. L. 111–203
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§ 1465
State law preemption standards for Federal savings associations clarified
Fed. Reg.×17
Bills×10
U.S.C.×5
Stat.×4
C.F.R.×1
Pub. L.×1
Stat. Comp.×1
Cite1
ActJune 13, 1933, ch. 64, § 6
Pub. L.Pub. L. 111–203, title X
Stat.124 Stat. 2017
Stat.48 Stat. 134
Cites 18 · showing 7Cited by 39 across 7 sources