---
kind: "section"
citation: "12 U.S.C. § 5806"
title: "12"
title_heading: "Banks and Banking"
number: "5806"
heading: "Preemption"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/5806"
units:
  - "Chapter 55 — Adjustable Interest Rate (libor)"
---

# §5806. Preemption


This chapter, and regulations promulgated under this chapter, shall supersede any provision of any [State](/usc/12/1707.md?p=d) or local law, statute, rule, regulation, or standard—

- (1) relating to the selection or use of a [benchmark replacement](/usc/12/5802.md?p=3) 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](/usc/12/5802.md?p=6) or [benchmark replacement conforming changes](/usc/12/5802.md?p=4).

## Source credit

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

## Notes

### Editorial Notes

### References in Text

This chapter, referred to in text, was in the original “this division”, meaning div. U of Pub. L. 117–103, Mar. 15, 2022, 136 Stat. 825, 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 section 5801 of this title and Tables.