Statute · New York Uniform Commercial Code

N.Y. U.C.C. Law § 8-111 — Clearing Corporation Rules

N.Y. U.C.C. Law § 8-111

Type
Statute
Source
New York Uniform Commercial Code
Jurisdiction
New York
Current through
Nov 5, 2026 (NY Senate Open Legislation)

Section 8--111. Clearing Corporation Rules.

Citator

N.Y. U.C.C. Law § 8-111 — Clearing Corporation Rules is in force in the current edition of the Code, and nothing recorded condemns it.

Section 8--111. Clearing Corporation Rules.

A rule adopted by a clearing corporation governing rights and obligations among the clearing corporation and its participants in the clearing corporation is effective even if the rule conflicts with this article and affects another party who does not consent to the rule.