Title 12 — Banks and BankingRelease 119-73
§4312 Effect on State law
Title 12 › Chapter CHAPTER 44— - TRUTH IN SAVINGS › § 4312
Summary
State laws that require disclosure of account yields or terms stay in effect unless they conflict with federal law; the Bureau decides any conflict, and federal law applies only where there is a clash.
Full Legal Text
Title 12, §4312
Banks and Banking — Source: USLM XML via OLRC
The provisions of this chapter do not supersede any provisions of the law of any State relating to the disclosure of yields payable or terms for accounts to the extent such State law requires the disclosure of such yields or terms for accounts, except to the extent that those laws are inconsistent with the provisions of this chapter, and then only to the extent of the inconsistency. The Bureau may determine whether such inconsistencies exist.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Amendments
2010—Pub. L. 111–203 substituted “Bureau” for “Board”. 1992—Pub. L. 102–550 made technical amendment to references to “this chapter” wherever appearing to reflect correction of corresponding provision of original act.
Statutory Notes and Related Subsidiaries
Effective Date
of 2010 AmendmentAmendment by Pub. L. 111–203 effective on the designated transfer date, see section 1100H of Pub. L. 111–203, set out as a note under section 552a of Title 5, Government Organization and Employees.
Effective Date
of 1992 AmendmentAmendment by Pub. L. 102–550 effective as if included in the Federal Deposit Insurance Corporation Improvement Act of 1991, Pub. L. 102–242, as of Dec. 19, 1991, see section 1609(a) of Pub. L. 102–550, set out as a note under section 191 of this title.
Reference
Citations & Metadata
Citation
12 U.S.C. § 4312
Title 12 — Banks and Banking
Last Updated
Apr 6, 2026
Release point: 119-73