12 U.S.C. § 4406 — Relationship to other payments systems

FEDERAL · 12 U.S.C. · Chapter 45

Relationship to other payments systems

Current through Pub. L. 119-102

Title 12 — Banks and Banking·Ch. 45 — PAYMENT SYSTEM RISK REDUCTION·Subch. I

This chapter shall have no effect by implication or otherwise on the validity or legal enforceability of a netting arrangement of any payment system which is not subject to this chapter.

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History

(Pub. L. 102–242, title IV, §406, Dec. 19, 1991, 105 Stat. 2375.)