§ 1735f–7. Exemption from State usury laws; applicability
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/usc/title-12/section-1735f-7A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The provisions of the constitution of any State expressly limiting the rate or amount of interest, discount points, or other charges which may be charged, taken, received, or reserved by lenders and the provisions of any State law expressly limiting the rate or amount of interest, discount points, or other charges which may be charged, taken, received, or reserved shall not apply to any loan, mortgage, or advance which is insured under subchapter I or II of this chapter. The provisions of subsection
(a)shall apply to loans, mortgages, or advances made or executed in any State until the effective date (after December 21, 1979 ) of a provision of law of that State limiting the rate or amount of interest, discount points, or other charges on any such loan, mortgage, or advance. ( June 27, 1934, ch. 847 , title V, § 529, as added Pub. L. 96–153, title III, § 308 , Dec. 21, 1979 , 93 Stat. 1113 .)
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- Pub. L. 96-153
- 93 Stat. 1113
- Pub. L. 96-221
- Pub. L. 96-161
- 93 Stat. 1234
- 94 Stat. 168
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§ 1735f–7
Exemption from State usury laws; applicability
Fed. Reg.×3
C.F.R.×1
Pub. L.Pub. L. 96-153
Stat.93 Stat. 1113
Pub. L.Pub. L. 96-221
Pub. L.Pub. L. 96-161
Stat.93 Stat. 1234
Cites 6 · showing 5Cited by 4 across 2 sources