§2711. Nonapplicability of other laws

Notwithstanding any provision of law which limits the nature, amount, term, form, or rate of interest, or the nature, amount, or form of security of loans or advances of credit, loans, or advances of credit may be made in accordance with the provisions of this chapter without regard to such provision of law.

( Pub. L. 94–50, title I, §112, July 2, 1975, 89 Stat. 254 .)

Renumbering of Section

Pub. L. 111–203, title XIV, §§1400(c), 1496(b)(8), July 21, 2010, 124 Stat. 2136 , 2209, provided that this section is amended, effective on the date on which final regulations implementing such amendment take effect, or on the date that is 18 months after the designated transfer date if such regulations have not been issued by that date, by renumbering section 112 of Pub. L. 94–50, which is classified to this section, as section 110 of Pub. L. 94–50. See Effective Date of 2010 Amendment note under section 1601 of Title 15, Commerce and Trade.