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16-207a. State override of federal preemption. The provisions of section 501 (a) (1) of title V of public law 96-221 shall not apply with respect to loans, mortgages, credit sales and advances made in this state on and after the effective date of this act.

History: L. 1980, ch. 76, ยง 1; May 17.

Attorney General's Opinions:

Interest and charges; extension of most favored lender doctrine to state banks. 81-158.

Interest and charges; extension of most favored lender doctrine to state savings and loan associations. 81-210.


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