§1–209.

(a) Only the State may enact a law which purports to regulate extensions of credit made by a financial institution. (b) This section does not: (1) Affect federal law preemption of State law; (2) Restrict or otherwise affect local laws that establish property ownership or the rights and obligations of property owners; (3) Restrict or otherwise affect a local government’s ability to regulate its fiscal, economic, or community development policy; (4) Restrict or otherwise affect a local government’s ability to enact laws or adopt regulations relating to fair housing or other civil rights; or (5) Restrict or otherwise affect a local government’s ability to establish or administer loan programs to assist residents with financial needs.