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13 CFR 120.554

§ 120.554 Conflict of laws.

United States · 13 CFR — Business Credit and Assistance · Status: effective

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13 CFR 120.554, § 120.554 Conflict of laws, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/52163
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Full text

In the event of a conflict between the homestead provisions at §§ 120.550 through 120.553 of this part, and any state law relating to the right of a Borrower to designate for separate sale or to redeem part or all of the real property securing a loan foreclosed by the Lender, state law shall prevail.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.