State consumer financial law
Defined in 1 place of the United States Code.
The term “State consumer financial law” means a State law that does not directly or indirectly discriminate against national banks and that directly and specifically regulates the manner, content, or terms and conditions of any financial transaction (as may be authorized for national banks to engage in), or any account related thereto, with respect to a consumer.
Source
- 2010–present12 U.S.C. § 25bBanks and Banking · State law preemption standards for national banks and subsidiaries clarified · for purposes of this section