12 USC 4406: Relationship to other payments systems
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12 USC 4406: Relationship to other payments systems Text contains those laws in effect on December 2, 2024
From Title 12-BANKS AND BANKINGCHAPTER 45-PAYMENT SYSTEM RISK REDUCTIONSUBCHAPTER I-BILATERAL AND CLEARING ORGANIZATION NETTING
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§4406. Relationship to other payments systems

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.

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