Topic: Preemption of State Law
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NCUA: 12 CFR 701.21(b)(1)
Organization and Operation of Federal Credit Unions (FCU only) 701.21 Loans to members and lines of credit to members. See: (b)Relation to other laws. (1) Preemption of State Laws.
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DFI: Explanation of Federal Preemption after Spouse Terminates HELOC
Section 766.565(5),Wis. Stats., the provision permitting a creditor to include in an open-end home equity agreement authorization to declare the account balance due and payable upon receiving notice of termination […]