S. on p. 161, italics additional), that justice consented about advice toward only purpose of concentrating on you to definitely „this new expert of one’s Federal Mortgage Bank Board [predecessor so you can OTS] so you can pre-empt state legislation is not limitless. . . it is clear that HOLA will not allow the Board to pre-empt the aid of all of the county and regional guidelines so you’re able to eg associations.” ( Id. during the pp. 160-161.)
Point 560.dos, naturally, does not „preempt the application of all the state and you will local guidelines” when it comes to federal savings and you will money. 2 so you’re able to mean that all county rules having one imaginable union for the financing functions off federal deals relationships is actually preempted. Indeed, area 560.dos tends to make obvious for the paragraph (c) there are particular places that the latest OTS doesn’t have best to manage. ( twelve C.F.R. 560.2(c).)