JUL 19, 1979

On whether Act No. 7 of 1979 is preempted by the federal Variable Rate Mortgage Regulation (12 C.F.R. 545.6-2, banks and banking; loans, mortgages and foreclosures, property real; real estate).

Requested by: The Honorable S. Hunter Howard, Jr., Chairman, Banking and Consumer Affairs, Subcommittee, House of Representatives.

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