FEDERAL · 12 U.S.C. · Chapter 50
Delays in an emergency
12 U.S.C. § 5008
Title12 — Banks and Banking
Chapter50 — CHECK TRUNCATION
This text of 12 U.S.C. § 5008 (Delays in an emergency) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
12 U.S.C. § 5008.
Text
A delay by a bank beyond the time limits prescribed or permitted by this chapter shall be excused if the delay is caused by interruption of communication or computer facilities, suspension of payments by another bank, war, emergency conditions, failure of equipment, or other circumstances beyond the control of a bank and if the bank uses such diligence as the circumstances require.
Free access — add to your briefcase to read the full text and ask questions with AI
Source Credit
History
(Pub. L. 108–100, §9, Oct. 28, 2003, 117 Stat. 1188.)
Editorial Notes
Editorial Notes
References in Text
This chapter, referred to in text, was in the original "this Act", meaning Pub. L. 108–100, Oct. 28, 2003, 117 Stat. 1177, which is classified generally to this chapter. For complete classification of this Act to the Code, see Short Title note set out under section 5001 of this title and Tables.
Statutory Notes and Related Subsidiaries
Effective Date
Section effective at the end of the 12-month period beginning on Oct. 28, 2003, see section 20 of Pub. L. 108–100, set out as a note under section 5001 of this title.
References in Text
This chapter, referred to in text, was in the original "this Act", meaning Pub. L. 108–100, Oct. 28, 2003, 117 Stat. 1177, which is classified generally to this chapter. For complete classification of this Act to the Code, see Short Title note set out under section 5001 of this title and Tables.
Statutory Notes and Related Subsidiaries
Effective Date
Section effective at the end of the 12-month period beginning on Oct. 28, 2003, see section 20 of Pub. L. 108–100, set out as a note under section 5001 of this title.
Cite This Page — Counsel Stack
Bluebook (online)
12 U.S.C. § 5008, Counsel Stack Legal Research, https://law.counselstack.com/usc/12/5008.