12 U.S. Code § 1465 - State law preemption standards for Federal savings associations clarified

(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.


[1]  So in original. Probably should be “section”.

Source

(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.)
Prior Provisions

A prior section 1465, acts June 13, 1933, ch. 64, § 6,48 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 L. 101–73, title III, § 301,Aug. 9, 1989, 103 Stat. 313, which related to liquid asset requirements, was repealed by Pub. L. 106–569, title XII, § 1201(a),Dec. 27, 2000, 114 Stat. 3032.
Amendments

2010—Subsecs. (c), (d). Pub. L. 111–203, § 1047(b), added subsecs. (c) and (d).
Effective Date

Enactment and amendment of section by Pub. L. 111–203effective on the designated transfer date, see section 1048 ofPub. L. 111–203, set out as a note under section 5551 of this title.

The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.

The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013

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12 USCDescription of ChangeSession YearPublic LawStatutes at Large

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12 CFR - Banks and Banking

12 CFR Part 7 - BANK ACTIVITIES AND OPERATIONS

12 CFR Part 8 - ASSESSMENT OF FEES

12 CFR Part 34 - REAL ESTATE LENDING AND APPRAISALS

 

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