No, statutes don't override the Constitution (in this case, the 12th Amendment).
However, Clinton would've been unable to win Arkansas in 1996 unless he and Hillary claimed to reside in different states, which would be...awkward.
For a contemporary example, Donald Trump of Florida and Donald Trump Jr of New York could run together with no problem.
Donald Trump of New York and Donald Trump Jr of New York could probably run together with no problem already, since NY's 29 electors are extremely unlikely to be pledged to them anyway.