1. (a) Purpose. This section codifies preemption determinations issued by the Office of the Comptroller of the Currency.

2. (b) Escrow. The OCC has determined that Federal law preempts State laws that restrict a national bank's or Federal savings association's flexibility to decide whether and to what extent to pay interest or other compensation on funds placed in escrow accounts or assess fees for such accounts, including the following State laws:

   1. (1) California: Cal. Civ. Code sec. 2954.8;
   2. (2) Connecticut: Conn. Gen. Stat. sec. 49-2a;
   3. (3) Guam: 11 Guam Code Ann. sec. 106103;
   4. (4) Maine: Me. Rev. Stat. Ann. tit. 9-B, sec. 429; Me. Rev. Stat. Ann. tit. 33, sec. 504;
   5. (5) Maryland: Md. Code Ann., Com. Law secs. 12-109, 12-109.2;
   6. (6) Massachusetts: Mass. Gen. L. ch. 183, sec. 61;
   7. (7) Minnesota: Minn. Stat. Ann. sec. 47.20, subd. 9;
   8. (8) New York: N.Y. Gen. Oblig. Law sec. 5-601;
   9. (9) Oregon: Or. Rev. Stat. secs. 86.245, 86.250;
   10. (10) Rhode Island: 19 R.I. Gen. Laws sec. 19-9-2;
   11. (11) United States Virgin Islands: V.I. Code tit. 9, sec. 67;
   12. (12) Utah: Utah Code Ann. sec. 7-17-3;
   13. (13) Vermont: Vt. Stat. Ann. tit. 8, sec. 10404; and
   14. (14) Wisconsin: Wis. Stat. secs. 138.051, 138.052.

[91 FR 29358, May 19, 2026]